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CSX-NS resolution of the spoils?
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[quote]QUOTE: <i>Originally posted by mudchicken</i> <br /><br />WHOA! <br /> <br />You didn't catch the "LLC" moniker after the names AntiGates. You won't see any New Haven, Lehigh Valley, Reading or any of the other monickers in there either bubba! The LLC's are designated to be the breakup parties. If you want a scandal, go look at what the real Penn Central Corporation did after the demise of PC and the beginning of CR. Hard to believe to some, but real estate agents can be a lower caste of animal than even shady used car salesmen.....Penn Central's land operation is now America Premier Underwriters/ Great American Insurance (It had plenty of other names in-between, changing names to protect the guilty!!!!) <br /> <br />The surveying profession has kept a sharp eye on the real estate TRADE for years, with the Penn Central debacle in Indiana, Ohio and WV etched in their memory. For you ENRON fans, Penn Central attorneys and asset management people (non-railroaders) made ENRON look like corporate angels by comparison (except small landowners got swindled instead of stockholders, REIT's and mutual funds owners).....PC sold land that wasn't theirs and several parcels to more than one owner. <br /> <br />Know your history, lest it repeat itself a few generations later! <br /> <br />Mudchicken <br />[/quote] <br /> <br />I like a good "scandal" same as most people, especially since the years I worked IT, warehousing, and development, it was for a real estate company (28 years)[:D] <br /> <br />I was a jerk,..err I mean JACK of all trades you might say, and had some fascinating discussions with men we hired away from Santa-Fe Southern Pacific Realty etc while working out of our California office. <br /> <br />I often think Railroading would have been better off if Jay Gould had succeeded in his intent to build his transcon, the way he wanted it, fwiw <br /> <br />I was just curious the way the article said ~and properties~, makes one wonder.
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