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[quote user="John WR"] And that is the way Amtrak does report financial data, Sam.  However, neither Amtrak nor any other organization reports every bit of financial data in every single item they publish.  Alines, for example, often publish advertisements that show numbers--their fares--but give no further financial data.   John [/quote] Where in its financial reports does Amtrak acknowledge that it pays less than full cost rents to the freight railroads that hoist its trains?   What does airline reporting have to do with Amtrak's reporting?   The argument that the other guy is not reporting transparently and, therefore, I am justified in not doing so is predicated on the premise that if the other guy is not doing it it is okay for me to follow suite. Hardly what I would call robust logic or strong ethics. Many organizations, including my former employer, do report this kind of data, although frequently one has to look at the 10Qs, 8Qs and other source documents for it. It is available to the public if they want it and know how to find it.  In Amtrak's case, since it is a quasi-government agency, it does not have to file any of the SEC documents required of investor owner organizations.  If it were not for Hamberger's testimony, I would not have known how to confirm this long suspected fact, other than to file a FOIA request.
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