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[quote user="Limitedclear"][quote user="greyhounds"] Buffett isn't the only big time investor getting into US rail.A British fund, the "Children's Investment Fund" has just taken a half billion share of CSX.  Thier message to CSX senior management is "Shape Up or Ship Out".  They aparently see CSX as having great potential - and they've put up serious money based on that vision.  If the current management doesn't produce there's gonna' be some changes made.There are other funds buying into US rail.  It's nice to see.  These guys don't invest where there is no growth potential and they will not put up with poor performance.[/quote]Well, well, the geniuses of Wall Street are about to step in it again. This guy from a British Hedge Fund obviously knows very little about the current state of affairs out on the property. Customers large and small are crying out for relief from the significant price increases already put in by Class 1 railroads over the past few years. Their complaints have reached the ears of BOTH Democrats and Republicans in Congress and multiple bills are now pending seeking to impose regulation of one dsort or another upon the railroads from rates and routes to a major reauthorization of FRA into the FRSA and doubling the number of FRA inspectors (and probably fines by 2010.Into this bleak legislative environment the Wall Streeters would like to demand railroads raise prices aggressively and seek to remove executives and boards that are unwilling to engage in this reckless and dangerous course. Not good news from anyone who earns his living on the rails.When even Conservative Republican Congressmen are voicing a need for "railroad competition" WATCH OUT!! I'm unloading half of my RR shares and playing on the house's money...LC [/quote]Only fascists and communists hate competition.
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