Derailed by Bankruptcy: Life after the Reading Railroad (Railroads Past and Present)
| Author | : | |
| Rating | : | 4.40 (718 Votes) |
| Asin | : | 0253018668 |
| Format Type | : | paperback |
| Number of Pages | : | 160 Pages |
| Publish Date | : | 2013-02-02 |
| Language | : | English |
DESCRIPTION:
Lewis provides valuable insights into the creation of Conrail and interesting observations of Drew Lewis before he became chairman of the Union Pacific." Rush Loving, author ofThe Men Who Loved Trains"Lewis has done the impossiblewritten an engaging and very human story about a railroad bankruptcy. Howard H. I was deeply involved in the great railroad crisis of the early 1970s while at the FRA and USRA but still learned a lot from Derailed by Bankruptcy. "For the railfan, you'll receive an insider view of this historically important period and a better understanding of how and why Conrail came into being and what it meant for rail transportation." Model Railroad News"Derailed by Bankruptcyshould be required reading in every law school, especially for students who aspire to become corporate attorneys. This book is essential reading for those interested in a turbulent time when freight railroading came close
Howard H. Spychalski is Professor Emeritus of Supply Chain Management, Pennsylvania State University.. Lewis, a graduate of Harvard Law School, has practiced law for over 50 years.John C
Kevin P. Griffis said especially since similar books like "The Men Who Loved Trains" are fascinating. I thought this would be more interesting, especially since similar books like "The Men Who Loved Trains" are fascinating. Unfortunately this one has been a real snoozefest and I keep running out of energy to keep reading it.. Five Stars Charles E. Mather Best railroad book since the "Wreck of the Penn Central". "The author deserves a great deal of credit for travelling back in time to" according to Bruce Curry. The author deserves a great deal of credit for travelling back in time to his personal involvement in the Reading Railroad wind down. That said, it is very dry reading. I found myself skipping over several pages at a time to make progress through the slim 160 page volume.
After five grueling years, the case was ultimately settled for $186 millionthree times the original offer from the US governmentand Lewis became known as a champion defender of both the railroad industry and its assets.. Here, Lewis provides a frank account of the high-intensity litigation and courtroom battles over the US government’s proposal to form Conrail out of the six bankrupt railroads, which meant taking the Reading's property, leaving the railroad to prove its worth. Although he didn’t like trains, Howard H. What happened when the US government stopped investing in railroads and started investing in highways and air travel? By the late 1970s, six major eastern railroads had declared bankruptcy. Lewis became the primary lawyer for the Reading Railroad during its legendary bankruptcy case