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The Hoosier - whoops
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[QUOTE]Originally posted by Gilbert B Norman: [QB] Richard, as Mr. Palmland noted (and who BTW I know face to face and will vouch for his credibility), Corridor Capital did not exactly do anything that could be called 'due diligence" before they entered into an Agreement with the State. It reminds me when I was in practice, of a Not for Profit agency I handled that was guilty of "chasing funding". They had an aggressive Board who "brought the $$$ in" - and now the agency had to decide what do with these funds, which caused them to hastily create a program for which there was minimal public need and hire staff that almost doubled their head count overnight. Their very hidebound management was simply "not ready"; I think all can guess "the rest of the story". You can also guess my counsel was "not exactly" sought. Another analogy is the movie "The Candidate" where after winning the "election" Robert Redford (actor) Mc Cay (character) simply said "now how do I govern?". That outfit had political connections; they had no expertise in how to operate a passenger train. Therefore, Amtrak still holds the contract, and put the "burnt offering" of Business Class and F&B on the table. As Mr. Palmland noted, somebody nudged the sleeping giant. [/QB][/QUOTE]
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