Employed as: Locomotive Engineer, for 10-20 years
Posted: 28 July 2012
You'd better go back and look at the proxy ballots again. The laws of
corporate governance are changing, thanks to the wreckage on Wall
Street. There should also be something in the articles of
incorporation that stipulate what % of approval that a director nominee
has to attain.
As for the intermodal/carload question, I think it is just indicative
of the bs we see in politics today. Instead of supporting the people
who actually make things in this country, and BUY things in this
country, we will give cut rates to those who import all the things
we've designed and originally built. It's pitiful.
As for the captive customers- hey, we got plenty of gas- all the export
markets are stalling for coal, so if they're putting all their eggs in
that basket- well, maybe when Mike retires in a few years his stock
will still be worth something.
They constantly yak about their drive to 65. Big Effin' deal. Anybody
who works in this company knows their statistics are mostly bullshit,
that's why I continue to vote against their choice of auditors, cuz
those guys are asleep at the wheel.
It's offensive to me as a stockholder that this management team
continues to chase the low-end of the business. Pitiful. Just