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Hey you were the one stating "EQUALLY improbable", and since I never offered any hard quantity to begin with, I was curious about your math in determining what's equal?  Seems as tho you were stretching as a matter of convenience. I'd be very concerned about the guardianship of the publics investment, just being conservatively cautious Trying to pay the loan, along with the stockholders, and the employee's salaries, could get a little tense, if a rate war materializes. (I anticipate that pricing will be DM&E's primary tool to expand business, and to expect UP and BNSF to not retaliate would not be a bet I'd  care to make ) Deferred maintenance becomes a distinct possibility, it always seems to be where declining RR's seek their salvation. And even someone having the best of intentions could run that new plant right into the ground under such a scenario, until there was nothing left. Being clear that maintenance isn't particularly high on their priority list to begin with, I think the concerns are valid.  "equally improbable"  seems like a bit of a stretch to me.  "remotely possible" seems a more apt description, but that is just me.
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