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[quote user="Murphy Siding"] [quote user="TheAntiGates"] The BNSF/UP loans were ENTIRELY seperate, with a loan recipient that was far less leveraged, had far more collateral, with a FAR longer track record  (no pun) as a long term operator than this DM&E bunch. [/quote]      I'd add to that thought, that BNSF and UP were looking to borrow money to increase profitable business.  DM&E is jumping inot uncharted waters.  That's where that risk factor comes in. [/quote] So BNSF/UP borrow money to increase profitable business, but DM&E isn't?
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