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Mr. Hemphill, CN bashing, & anecdotal truth?

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Again guys thanks for the nice comments. I expected to be bashed by some of the slackers, but that has not happened. CN is a great railroad and effectively going after markets. The building of intermodal terminals at Prince Rupert and Halifax (hope I got the Atlantic terminal location correct) will put them in a great competitive position. Their leg to the Gulf coast (IC) is another great source of revenue. Look forward for great things from CN in the future. We all see change in today's economy. The consulting company that I am a VP for has changed in many ways since I started there 26 years ago. While I do not like some of the changes I realize that without making these changes we could not stay competitive and become another Rock Island or Studebaker. Since I enjoy my paycheck I do not want that to happen. Flying to London in first class or on the Concorde was great, but those days are fond memories. Glad I was there when we did that. Many times a company's downfall is the result of bad management (I call it bossiment not management). Bad decisions, without fraud, can be disasterous. Consider B&O under Garrett's leadership. He closed ranks and decided to reward stockholders with fat dividends at the expense of upgrading the physical plant. Their competitor to the north, Pennsylvania, continued to plow money into the physical plant. The result was PRR became the premier railway in the east and B&O was relegated to second tier status. There are plenty of current day companies that have done similar things and almost, or in some cases, destroyed the company. Fraud on the part of management for personal greed is a crime that I think should be punishable by death. Several good companies staffed by hard working dedicated employees have been destroyed by management. Consider Ebbers with MCI or Lay with Enron. Both companies were driven in the ground by greedy management. The employees lost all thanks to fraud and greed. Lets hope that our court system puts them in some dark hole where they will not see the light of day for many years. ACLU-please do not come down on me for this. I am against cruel and unusual punishment and believe everyone deserves his day in court no manner how slimey he is.
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