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News Wire: CSX CEO Hunter Harrison has died

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Posted by tdmidget on Sunday, December 17, 2017 12:56 AM

Uncle_Bob

I remember reading an interview with him earlier this year in which he said he clientele t to begin the job for long.  I doubt he knew this would happen, or that it would be so soon.  Then again, if he knew at the time he was hired that he had a terminal illness that his money men also knew about, would that mean Hillal and Harrison acted to defraud CSX and its investors, or was it simply bad luck?  Either way, I hope this doesn't sink CSX.

 

CSX can't sink they have achieved the "too big to fail" status. it's time that any such be subject to share limits, executive pay limits, and employee screwover limits. We are looking at th tip of an iceberg here. It is your money keeping them afloat. Oh well, bless your hearts.

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Posted by Uncle_Bob on Sunday, December 17, 2017 12:44 AM

I remember reading an interview with him earlier this year in which he said he clientele t to begin the job for long.  I doubt he knew this would happen, or that it would be so soon.  Then again, if he knew at the time he was hired that he had a terminal illness that his money men also knew about, would that mean Hillal and Harrison acted to defraud CSX and its investors, or was it simply bad luck?  Either way, I hope this doesn't sink CSX.

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Posted by Los Angeles Rams Guy on Sunday, December 17, 2017 12:26 AM
Ulrich, This guy was an evil tyrant; a monster and a functioning lunatic who wrecked countless lives and careers and treated people like dirt. I'm one of them and now it's time for him to pay the fiddler. There's a special place in hell for this guy. Good riddance Eugene.
"Beating 'SC is not a matter of life or death. It's more important than that." Former UCLA Head Football Coach Red Sanders
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Posted by Convicted One on Saturday, December 16, 2017 11:15 PM

Doubtless he'll get exactly what he deserves.

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Posted by Euclid on Saturday, December 16, 2017 9:11 PM

Very well said greyhounds.

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Posted by greyhounds on Saturday, December 16, 2017 8:41 PM
Rest in Eternal Peace Mr. Harrison.  May our merciful God accept you in to His Kingdom.
 
You sure made your days on Earth count.  You certainly made a difference. 
You rattled cages that needed to be rattled.  You forced changes that needed to be made.   Overall, it seems you acted to make things better.   You were not perfect.  You also did wrong to some people who did not deserve their received wrong.

 

But God forgives actions that people will not, or cannot, forgive.   May our merciful God forgive your wrongs while recognizing your strengths.  And may He accept you in to His Eternal Kingdom.
"By many measures, the U.S. freight rail system is the safest, most efficient and cost effective in the world." - Federal Railroad Administration, October, 2009. I'm just your average, everyday, uncivilized howling "anti-government" critic of mass government expenditures for "High Speed Rail" in the US. And I'm gosh darn proud of that.
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Posted by Murphy Siding on Saturday, December 16, 2017 7:27 PM

blue streak 1

A cynic would like to know how much trading of the stock happened in the last month.  Especially insider selling in the last week or two days ?  Strange death announced on a Saturday after stock markets closed ?

 

If someone in the know at CSX sold a bunch of stock based on what they knew about Harrison's health issues, did they break any laws?

 

Thanks to Chris / CopCarSS for my avatar.

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Posted by poneykeg on Saturday, December 16, 2017 6:58 PM
stock was down #4.64 Friday
south of the Rathole
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Posted by tdmidget on Saturday, December 16, 2017 6:07 PM

I would say "no loss" but the people without jobs that some devoted most of a life to and the customers without service would disagree....

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Posted by zugmann on Saturday, December 16, 2017 5:47 PM

Hunter's dead. 

 

Moving on...

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

The opinions expressed here represent my own and not those of my employer, any other railroad, company, or person.t fun any

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Posted by Ulrich on Saturday, December 16, 2017 5:45 PM

He was a great railroader, and his results over the years speak for themselves. RIP, Hunter..

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Posted by BaltACD on Saturday, December 16, 2017 5:44 PM

CMStPnP
I hate to say it but I knew CSX would be his last and he would not make it to see all his reforms put in place due to push back.    Next question is, who will rescue CSX? or do we watch it take the Penn Central path.    Remember that EHH was brought in out of desperation of a culture in analysis paralysis and very slow to change if change happened at all.

BS !!!!!!!!!

Up to March 1, 2017 the CSX 'motto' was 'It starts with the Customer'.

After that date it became 'It starts with Mantle Ridge looting the treasury'.

Never too old to have a happy childhood!

              

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Posted by pajrr on Saturday, December 16, 2017 5:44 PM

As The Ghost of Christmas Future said "Change your ways Mr. Scrooge before it is too late." 

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Posted by blue streak 1 on Saturday, December 16, 2017 5:43 PM

A cynic would like to know how much trading of the stock happened in the last month.  Especially insider selling in the last week or two days ?  Strange death announced on a Saturday after stock markets closed ?

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Posted by tree68 on Saturday, December 16, 2017 5:38 PM

CMStPnP
Remember that EHH was brought in out of desperation of a culture in analysis paralysis and very slow to change if change happened at all.

I suspect that many feel that EHH was not "brought in" but rather forced his way in, at the behest of his handlers.

That's not to say that CSX was perfect, but they weren't doing all that badly.  The question now is whether the changes already wrought will remain in place, or if cooler heads will prevail.

If his successor continues as a puppet for Mantle Ridge, et al, I'm not optomistic.

LarryWhistling
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Posted by Norm48327 on Saturday, December 16, 2017 5:34 PM

Waiting to see Paul Hilal's next move other than getting seriously drunk tonight.

Norm


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Posted by CMStPnP on Saturday, December 16, 2017 5:14 PM

I hate to say it but I knew CSX would be his last and he would not make it to see all his reforms put in place due to push back.    Next question is, who will rescue CSX? or do we watch it take the Penn Central path.    Remember that EHH was brought in out of desperation of a culture in analysis paralysis and very slow to change if change happened at all.

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Posted by BaltACD on Saturday, December 16, 2017 4:52 PM

Norm48327
 
cprtrain
CSX shareholders are on the hook for $$$$. 

Hopefully they had not already written the $84,000,000 Check.

I am certain the money has long departed the CSX Treasury!  Remember his and Mantle Ridge's purpose is, was and will continue to be to suck as much money out of CSX in as short a period of time as possible.

Never too old to have a happy childhood!

              

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Posted by NKP guy on Saturday, December 16, 2017 4:50 PM

   I'm glad that a few contributors have mentioned the many families affected by EHH during his career; his "success" came at the expense of countless others, and to what effect?  What will be remembered fifty years from now of his tenure at CSX and the other railroads?  What did he build?  How will he be remembered?  What's a man's reputation worth?

  "The evil men that do lives after them; the good is oft interred with their bones;"

                Julius Caesar, Act 3, scene2.

 

 

  

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Posted by Norm48327 on Saturday, December 16, 2017 4:35 PM

cprtrain
CSX shareholders are on the hook for $$$$.

Hopefully they had not already written the $84,000,000 Check.

Norm


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Posted by cprtrain on Saturday, December 16, 2017 4:29 PM

Brian Schmidt

JACKSONVILLE, Fla. – CSX Transportation CEO E. Hunter Harrison, the influential and innovative railroader who was respected, sought-after, feared, and loathed in equal measures, died today. He was 73. Harrison worked his way up through the ran...

http://trn.trains.com/news/news-wire/2017/12/16-csx-ceo-hunter-harrison-has-died 

 

Pray for the thousands of people whose lives were destroyed by Harrison. He was NOT a good man. CSX shareholders are on the hook for $$$$. 

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Posted by Brian Schmidt on Saturday, December 16, 2017 3:15 PM

JACKSONVILLE, Fla. – CSX Transportation CEO E. Hunter Harrison, the influential and innovative railroader who was respected, sought-after, feared, and loathed in equal measures, died today. He was 73. Harrison worked his way up through the ran...

http://trn.trains.com/news/news-wire/2017/12/16-csx-ceo-hunter-harrison-has-died 

Brian Schmidt, Editor, Classic Trains magazine

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