You remember Lac Megantic?
That was the sleepy Quebec small-town that was literally blown off the map last year when one of Fast Eddie Burkhardt's single-crew oil trains exploded in the downtown.
Hardly a year has passed, and CP Rail Boss Hunter Harrison is busy whinging about government over-regulation. Harrison just doesn't get why the busy-body government regulators need to fiddle with the free market, and impose draconian communistic rules about everything from speed limits for trains carrying dangerous goods, to mandating that a mile-long train loaded with dangerous goods should have more than a one-man crew!
Well Hunter, let me 'splain it to ya; the reason the government needs to regulate greedy twats like you and your acolyte Burkhardt, is because your logic, your procedures, your unregulated over-weening greed, killed 47 people in Lac Megantic...
...yet nobody is facing murder charges!
The reason Hunter is lobbying for less regulation is obvious. The entire Ackman/Harrison strategy for boosting CP Rail's obscene profits going forward hinges on making trains longer and running them faster with smaller crews!
Fuck safety!
Fuck sleepy small towns everywhere!
Profit uber alles!
Showing posts with label Fast Eddie Burkhardt Railway. Show all posts
Showing posts with label Fast Eddie Burkhardt Railway. Show all posts
Friday, October 3, 2014
Wednesday, July 31, 2013
Dump your CP RAIL stock now; Ackman is toxic!
It was only a matter of time before the backsplash from the Lac Megantic disaster was going to splatter on folks beyond MMA boss Fast Eddie Burkhardt.
This story tells you that the throngs of litigation attorneys hovering over the carcass of Fast Eddie have Big Bill Ackman in their sites.
This will go on forever on the basis of the "deep pockets" syndrome. That's where the litigation hounds take off after the prey that has potentially the most wherewithal in terms of providing the juiciest pay-out.
Now that the media have drawn the connections between Big Bill and Fast Eddie, everything even remotely connected to Ackman and Pershing has a big fat target on its back.
This story tells you that the throngs of litigation attorneys hovering over the carcass of Fast Eddie have Big Bill Ackman in their sites.
This will go on forever on the basis of the "deep pockets" syndrome. That's where the litigation hounds take off after the prey that has potentially the most wherewithal in terms of providing the juiciest pay-out.
Now that the media have drawn the connections between Big Bill and Fast Eddie, everything even remotely connected to Ackman and Pershing has a big fat target on its back.
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