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DM&E Financing revisited.
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[quote user="TheAntiGates"][quote user="futuremodal"] <P>Any railroad is welcome to borrow (or take outright) from the feds and keep all the corporate secrets in the dark, as long as the amount of the loan (or grant) is only a *small* percentage of that company's net worth, or at least a smaller percentage than that represented by the DM&E example? </P> <P>For the sake of argument, what exactly is that dividing line? Legally? Morally? Practically?</P> <P>[/quote]<BR><BR>Good grief man, are you really that obtuse, or are you just trying to crawl under my skin?<BR><BR>It's a matter of what would be left, should the worst come to pass. <BR>[/quote]</P> <P>And what is the "worst" that may come to pass? That we the taxpayers get to own our own railroad for a change? And this is bad because..........?</P>
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