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Why did Penn Central fail?
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ALL OF THE REASONS STATED FOR THE FAILURE OF PC ARE CORRECT BUT I THINK THE PORTRAYL OF BEVAN IS A LITTLE OFF THE MARK , I READ HIS TAKE ON THE PRR/PC FROM THE 50S ON INTRESTING SOME OF THE FACTS ESP ON PRR PREMERGER AND AND THE FAILURE OF THE MERGER BEING THE OPERATIONAL DISASTER FROM RUSHING THE MERGING OF OPERATIONS AS OPPOSSED TO THE SLOW APPROACH OF B&O-C&O-WM. IN HIS OPINION THE BANKRUPTCY WOULD HAVE OCCURED 10 YRS LATER IF NOT FOR POOR IMPLEMENTATION OF MERGED OPERATIONS,
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