Alternet points out that the Federal Government has a very successful record of saving industries which it takes over, like it did Penn Central when it created Conrail.
Conrail In The News
Conrail's existence is analogous to many things that are happening right now in America. From financial bailouts to government ownership of once private companies, Conrail's story contains many lessons that are important for the world today. Learn more about how Conrail rose from the ashes of a number of bankrupt railroads on the Conrail Company History Page.
The New York Times Dealbook - Railroad Bailout May Offer a Model for Detroit
A blog under the New York Time's masthead discusses some of the key similarities and differences between Detroit's current woes and the formation of Conrail.
The Detroit Free Press Editorial: Use Conrail as auto Industry Guide
Once again, Conrail's success is seen as a model for the Federal Government to employ for assisting the troubled domestic auto industry, this time by James A Dunn, and Anthony Perl, and published
Penn Central: 1974
Steve Lubetkin, a managing partner at Lubetkin & Co, LLC, a PR, internet broadcasting and commnications consulting pracice, talks about the parallels between the Penn Central's and GM's probl
The Philadelphia Daily News: "Remember Conrail? Think Concar"
An opinion piece in the Philly Daily News draws the obvious analogy between a government reorganization of the Detroit Automakers and Conrail.
Conrail Mentioned in Business Week Article about Detroit Bailout
Business Week magazine is providing coverage of the Detroit Bailout proceedings, and, as they should, mentioned Conrail: