By Howard H. Lewis,John C. Spychalski
What occurred while the USA govt stopped making an investment in railroads and began making an investment in highways and air shuttle? through the past due Seventies, six significant jap railroads had declared financial disaster. even though he didn’t like trains, Howard H. Lewis grew to become the first attorney for the analyzing Railroad in the course of its mythical financial ruin case. the following, Lewis presents a frank account of the high-intensity litigation and court battles over the united states government’s concept to shape Conrail out of the six bankrupt railroads, which intended taking the Reading's estate, leaving the railroad to turn out its worthy. After 5 grueling years, the case used to be finally settled for $186 million—three occasions the unique supply from the U.S. government—and Lewis turned often called a champion defender of either the railroad and its assets.
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Derailed by Bankruptcy: Life after the Reading Railroad (Railroads Past and Present) by Howard H. Lewis,John C. Spychalski