Willie- read through some more of these replies here. So, Burlington Northern Santa Fe owns 35% of Amtrak stock? Holy cow! That means that Berkshire Hathaway holding company, ie. Warren Buffett now controls 35% of Amtrak stock since they bought Burlington Northern Santa Fe. This was about a month ago. And Buffett has turned on Obama. But in one move he buys the major western rail company and also 35% of national subsidized passenger service in the mix. Pretty slick and worth keeping an eye on, especially as regards other comments here about private enterprise. Buffett could do it.
So, Burlington Northern Santa Fe owns 35% of Amtrak stock? Holy cow! That means that Berkshire Hathaway holding company, ie. Warren Buffett now controls 35% of Amtrak stock since they bought Burlington Northern Santa Fe.This was ab out a month ago. And Buffett has turned on Obama. But in one move he buys the major western rail company and also 35% of national subsidized passenger service in the mix. Pretty slick and worth keeping an eye on, especially as regards other comments here about private enterprise. Buffett could do it.
Good catch!... although I don't know how big a factor that was in Buffet's acquisition.
It should be noted that the other stockholders (BNSF, Canadian Pacific and Canadian National) were not party to Lindner/AFG's lawsuit to destroy Amtrak
It should also be noted that Lindner didn't mind sucking the taxpayers' teat when Cinncinati built Great American Ballpark when he owned the Reds.