PC: Re: PC business collapse article

["Jack Hammill" <jhammill@xxxxxxxxxxxxx>]

Thanks for this article. As my memory serves (I'm 57), this is 100%
accurate.
The bad guys were Saunders and Bevans. Pearlman distanced himself as much as
possible from
them.
In the late 1970's, long after the dust had settled, I met David C. Bevans
on an Amtrak train.
He was traveling First Class from New York to Philadelphia in an Amclub car.
I said it is nice to meet you, I have read about you in the newspapers. He
replied " Well, if you read enough of those articles, you would know that I
was exhonerated from MOST of those charges".
I had not said what I had read about him. He did not know how much I
despised him, because his
financial shenanigans cost my family $67,000 in what had once been excellent
shares of New York Central stock.

Jack Hammill



---- Original Message -----
From: Jerry Jordak <jer -AT- smellycat.com>
To: Penn Central Mailing List <penn-central -AT- smellycat.com>
Sent: Sunday, July 01, 2001 8:16 PM
Subject: PC: PC business collapse article


> I found this article on a web site today about the collapse of the
> Penn Central from a business perspective. I'm not sure if it is
> 100% historically accurate or not, but thought you all might find it
> interesting:
>
>
http://www.buyandhold.com/bh/en/education/history/2001/the_collapse_of_penn_
central.html
>
>
>
> -JWJ
>
>