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I see several things that contributed to PC's downfall: 1. The recession during the time of the merger. 2. The incompatable management cultures. Each thought they knew it all and the other team were idiots. The were fighting as to where headquarters would be-Philadelphia or New York City. 3. Incompatable systems. There was no way the PRR and NYC computer systems could talk to each other. Even some of their rolling stock would not mesh. There are stories of incomp[atable electrical systems in passenger cars to the point that a train might have a couple of cars that were dark and cold. 4. Disregarding the basic mission by Saunders which is to run a railroad. Saunders was looking at maximizing cash flow by milking the railroads, which were regulated, to invest into non regulated industries. Saunders is reported to have said at a coctail party "Who gives a damn about the F _ _ _ing railroad". (or words close to that) 5. Deferred maintenance (translation NO maintenance) . The house of cards was doomed to failure from day one. About the only thing the two railroads had in common was the distance between the rails and that is questionable.
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