Login
or
Register
Home
»
Trains Magazine
»
Forums
»
General Discussion
»
What happen to Milwaukee Road?
Edit post
Edit your reply below.
Post Body
Enter your post below.
[quote]QUOTE: <i>Originally posted by MichaelSol</i> <br /><br />[quote]QUOTE: <i>Originally posted by cornmaze</i> <br /><br />The railroad was obviously broke. <br />[/quote] <br />"Obviously." <br /> <br />Hillman told Railway Age that "the Milwaukee is a relatively wealthy company." <u>Railway Age</u>, "MR: Assets set at $832 Million", January 8, 1979, p. 11. <br /> <br />Best regards, Michael Sol <br />[/quote] <br /> <br />It went bankrupt. Yes, "obviously" it was broke. By definition it was broke. <br /> <br />Mr Hillman was looking at the liquidation value (assets = $832 M). That's different from having no cash. <br /> <br />
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy