Actually, the MTA is taking control of the private bus companies:
New York City and the Transit Alliance reached an agreement on the transfer of the remaining private subsidized bus companies Green Bus, Jamaica Bus, Triboro Coach and Command Bus companies to the MTA, Mayor Michael R. Bloomberg and the Transit Alliance announced Wednesday.
With the deadline staring them in the face, the city and the Transit Alliance signed a contract providing for the transition of the franchise bus service to be completed by February 20, 2006. After two years there is now a definitive timetable.
According to the agreement, Command Bus will be transferred to the MTA on December 5, Green Bus on January 9, Jamaica Bus on January 30 and Triboro on February 20.
http://www.rockawave.com/news/2005/1202/Front_Page/001.html
That's not good.
I'm listening to one right now on WABC.