05-04-2009, 09:26 AM
BR60103 Wrote:Didn't the federal government own Conrail? And wasn't it successful enough to have 2 railroads fighting over it?
Or you could have great private companies like Chrysler, General Motors, Enron ...
David,In the last years of CR its was publicly owned and was on the stock market..I owned some stock but,sold out a mite to soon..
The reason 2 railroads went after CR is because CSX could not afford to have NS to merge with CR..So,it lead to a bidding war..Today CR exist in the Shared Access Areas.
Larry
Engineman
Summerset Ry
Make Safety your first thought, Not your last! Safety First!
Engineman
Summerset Ry
Make Safety your first thought, Not your last! Safety First!