Word: alpert
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Federal Case. "Alpert has been accused of far more incompetence than he deserves," says one of Wall Street's leading railroad analysts. "Very few men could have done a better job, given the circumstances...
...first, up-from-the-roundhouse railroaders grumbled that Lawyer Alpert did not know a trestle from a tort-but none could question his zeal. Repeatedly, Alpert has argued that i) commuter travel is necessary, 2) the commuters cannot be expected to bear all the costs of the rail service they require and 3) somebody...
...George Alpert thought that the government should be that somebody. While Alpert pleaded his case, he increased commuter fares by a jarring 87½%-which only drove away more commuters and further diminished New Haven revenues...
Last Lurch. Last year the New Haven rolled $14.5 million into the red. In one final lurch toward solvency, Alpert persuaded the Governors of New York, Connecticut, Rhode Island and Massachusetts to push through tax reductions totaling $6,000,000 on New Haven property. He hoped to save another $6,000,000 by economies in labor and management and by repeal of the 10% federal excise tax. But the state tax reductions did not go into effect until a fortnight ago, the federal tax was not repealed, and the labor-management savings never came about...
...desperation, the New Haven appealed for a $5,500,000 emergency loan from the Office of Civil and Defense Mobilization on the ground that the line's survival was essential to the defense of the nation. Last week, when OCDM turned down the New Haven, George Alpert came to the end of the line...