Railroad Bankruptcies

Railroad Bankruptcies

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation

Publisher:

Published: 1978

Total Pages: 78

ISBN-13:

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Bankruptcy Act Revision

Bankruptcy Act Revision

Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on Civil and Constitutional Rights

Publisher:

Published: 1976

Total Pages: 850

ISBN-13:

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The Wreck of the Penn Central

The Wreck of the Penn Central

Author: Joseph R. Daughen

Publisher: Beard Books

Published: 1999

Total Pages: 384

ISBN-13: 9781893122086

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It took ten years of laborious planning and exhaustive negotiations to create the mammoth Penn Central Railroad, the largest railroad in United States history. When the leviathan was finally born of a merger between the Pennsylvania and New York Central Railroads on February 1, 1968, the event was hailed as a great day for railroading. But the baby giant survived only 367 days. The crash of the Penn Central set a new record, this time for the largest bankruptcy the United States had ever seen. "The Wreck of the Penn Central" provides a close-up view of the events that brought the Big Train to bankruptcy court--over-regulation, subsidized competition, big labor featherbedding, greed, corporate back-stabbing, stunning incompetence, and, yes, even a little sex.