Penn woes blamed on fraud and mismanagement
An 18 month study cites fraud and mismanagement as the cause of Penn woes. Misenineptitude charged in the filed.
MENTIONED IN THIS ARTICLE
Misen
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Newspaper
Argus
Location
Fremont, California, United States of America
Date
Jan 09, 1972
Page
3
Rail funding row ties Penn Central to 1970s collapse
Court trustees sue former Penn Central leaders and a banker over alleged missing funds tied to the railroad’s 1970s failure. Charges name David C. Bevan, Charles Hodge, and others seeking restitution. Respondents deny wrongdoing and call the case a scapegoat.
MENTIONED IN THIS ARTICLE
Philadelphia
Penn Central
David C. Bevan
Charles Hodge
FA. DuPont-glore-Forgan
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