[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: PC: It was a bad move anyway?!?
- Subject: Re: PC: It was a bad move anyway?!?
- From: larryzong@xxxxxxxxx (Larry Zong)
- Date: Sun, 16 Apr 2000 17:22:28 -0400 (EDT)
- Content-disposition: Inline
conrail may have gotten federal funds but it all returned when the stock
was sold the govt didnt lose any money. i also read the wreck of the pc.
when cr was formed the money was all returned. then cr made some inroads
by getting rid of some rail lines that were non profitable. then the
states took over these non profitable lines and that is when these short
line carriers took over. and each year the states dropped the percentage
and the shortlines had to take on more responsibility. that went on for
5 years. now they must go it alone. if the line didnt have a 100 cars
per mile then cr got rid of them, no profit.
want me to keep going on?
Main Index |