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re: Tram staff changes complete; tram audit results expected in

Mr. Rhodes states in his resignation letter that one of the "bumps in the road" was the dollars' decline in value vs. the swiss franc. I had not heard that mentioned in the Oregonian articles. Many private enterprizes manage foreign currency exposure by buying & selling currency futures. Perhaps there are legal restrictions that prevent this public enterprise from doing that. If not, it would seem a prudent strategy for future projects that involve large purchases from foreign sources.

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