Amtrak chairman admits secret talks to sell assets

Amtrak chairman admits secret talks to sell assets

David Laney, the interim Amtrak CEO appointed after Gunn got canned, told the House railroads subcommittee that he spoke with private parties interested in buying 500 miles of track and other assets along the Northeast Corridor from DC to Boston. As noted in my prior post, I think this is the Bush 'full steam ahead' policy and forcing the matter of making Amtrak less of a financial cost to the Federal government. What will come of this? How will this affect my commute? Who knows, likely nothing for the next few months anyway so I plan on enjoying the holidays.