The Anatomy of Public Corruption

Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

Surface Transportation Board (STB)

30523 SERVICE DATE - LATE RELEASE NOVEMBER 30, 1999 EB SURFACE TRANSPORTATION BOARD STB Finance Docket No. 32760 (Sub-No. 21) UNION PACIFIC CORPORATION, UNION PACIFIC RAILROAD COMPANY, AND MISSOURI PACIFIC RAILROAD COMPANY—CONTROL AND MERGER—SOUTHERN PACIFIC RAIL CORPORATION, SOUTHERN PACIFIC TRANSPORTATION COMPANY, ST. LOUIS SOUTHWESTERN RAILWAY COMPANY, SPCSL CORP., AND THE DENVER AND RIO GRANDE WESTERN RAILROAD COMPANY [GENERAL OVERSIGHT] Decision No. 15 Decided: November 29, 1999 We discuss, in this decision, the issues that have been raised and the conclusions that we have reached in the third annual round of the UP/SP general oversight proceeding. Our review of this record indicates that the service crisis is over and that there have been no competitive problems resulting from the merger. BACKGROUND UP/SP Merger Proceeding. In a decision served August 12, 1996, we approved the 1 common control and merger of the rail carriers controlled by Union Pacific Corporation (Union Pacific Railroad Company and Missouri Pacific Railroad Company) and the rail carriers controlled by Southern Pacific Rail Corporation (Southern Pacific Transportation Company, St. Louis Southwestern Railway Company, SPCSL Corp., and The Denver and Rio Grande Western Railroad Company) subject to various conditions, including, among many others, a 5-year oversight condition and the terms of the BNSF agreement as supplemented by the CM

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Union Pacific Corporation - External Relations

Washington, D.C., Office Contacts

Printz Bolin, Vice President - External Relations

Union Pacific Corporation
700 13th St., N.W., Suite 350
Washington, D.C. 20005
Phone:(202) 662-0104
Fax:(202) 662-0199

 

Printz Bolin was appointed vice president-External Relations in December 2018. He operates out of Union Pacific’s Washington, D.C., office. 

In this position, Bolin is responsible for communicating inside the Beltway about transportation and railroad issues, including economic and safety regulation, passenger rail and Amtrak, security, labor, state-specific and other transportation projects.

Bolin served as assistant vice president-External Relations since 2008. He held various positions since joining Union Pacific in 1991.

He holds a bachelor’s degree from the University of Mississippi.

Bolin and his wife, Kimberly, have two sons.

Wes Lujan, Asst. Vice President - External Relations

Union Pacific Corporation
700 13th St., N.W., Suite 350
Washington, D.C. 20005
Phone:(202) 662-0125
Fax:(202) 662-0199

 

Wes Lujan is the Assistant Vice President - External Relations for Union Pacific. He operates out of the Washington, D.C., office of Union Pacific and its subsidiary, Union Pacific Railroad. In his position, Lujan is responsible for advocating before the federal government on issues impacting the company, including its employees, shareholders, customers, and communities. His career with Union Pacific began in 2007, and he has held prior assignments for the company in Sacramento, CA, Chicago, IL, and Roseville, CA.

Lujan holds a Master of Public Administration from the University of Southern California (1999), Bachelor of Arts in History from Chico State University (1997), and completed the University of Chicago's Booth School of Business Executive Development Program (2011). In 2015, he was chosen to represent the United States on an international delegation to the Republic of Turkey with the American Council of Young Political Leaders (ACYPL). In his free time, Lujan enjoys spending time camping and hanging out in the forests of Northern Virginia with his wife, son, and daughter, and walking his two Great Danes.

Andrew Brady, General Director - External Relations

Union Pacific Corporation
700 13th St., N.W., Suite 350
Washington, D.C. 20005
Phone:(202) 662-0115

Andrew Brady is a General Director-External Relations. He operates out of Union Pacific’s Washington, D.C., office and advocates on behalf of the company before federal lawmakers and regulators. Prior to joining Union Pacific in 2019, Brady was an Assistant Vice President of Government Affairs at the Association of American Railroads. Brady also worked in various positions in the U.S. House of Representatives from 2011-2016, after beginning his career in the Congressional and Public Affairs division of the U.S. Chamber of Commerce.

Brady graduated from the George Washington University in Washington, D.C. with a B.A. in Political Science with a focus on public policy.

Patty Richey, Sr. Manager - Political Programs

Union Pacific Corporation
700 13th St., N.W., Suite 350
Washington, D.C. 20005
Phone: (202) 662-0110
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Berkshire Hathaway Warren Buffett's Berkshire Hathaway has sold its entire $2 billion stake in Oracle

London (CNN Business) Warren Buffett's Berkshire Hathaway has sold its entire $2 billion stake in Oracle after holding the investment for just one quarter.
A regulatory filing by Berkshire Hathaway on Thursday revealed that it sold over 41 million shares in the software company before the end of 2018. The stake was worth over $2 billion when first disclosed in November.
It's not clear whether the Oracle investment was made by Buffett or his portfolio managers, Todd Combs and Ted Weschler. Berkshire Hathaway (BRKA) typically holds its investments over much longer periods of time.
Shares in Oracle were down nearly 3% premarket.
    Buffett's legendary investment company has also trimmed its stake in Apple (AAPL). Berkshire Hathaway owned 249.6 million shares in the iPhone maker as of December 31, a reduction of 1% from the previous quarter.
    The disposals coincided with a dramatic sell-off in tech stocks at the end of last year. Shares in Oracle declined 13% during the fourth quarter; Apple stock dropped 30% over the same period.
    Apple warned investors on January 3 that an economic slowdown in China had damaged iPhone sales during the final three months of the year.
    Comments from Berkshire Hathaway Vice Chairman Charlie Munger on Thursday indicate the company's value investing strategy has not changed.
      "I don't know why Apple stock is going up or down," he told investors. "I know enough about it so I admire the place, but I don't know enough to have any big opinions on why it's going up or down."
      "Part of our secret is we don't attempt to know a lot of things," added Munger, who was speaking at the annual meeting of publishing company Daily Journal.
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      Walnut Creek / Investigators suspect boiler was at fault

      Explosion Rips Through Wells Fargo in Walnut Creek / Investigators suspect boiler was at fault

      Charlie Goodyear, Chronicle Staff Writer
      Published 4:00 am, Wednesday, December 1, 1999
      Note:  Darion Sable –Former Marine Suicide leaves Wells Fargo and jumps from Bay Bridge
      A thunderous blast ripped through a Wells Fargo Bank branch in downtown Walnut Creek yesterday, injuring an employee and a pedestrian struck by flying debris. Authorities termed it an accident.
      Fire investigators were focusing on a second-floor boiler as the likely cause of the blast. Authorities and bank employees said the boiler had been repaired about an hour before the explosion.

      "It was a big boom," said bank manager Nancy Methlie as she stood with a group of Wells Fargo employees not far from the intersection of Bonanza and North Main streets where the bank is located. "It was like you could feel it everywhere in the building."

      The explosion occurred at 3:51 p.m., blowing out windows around the building and throwing a large metal duct grille across Bonanza Street where it struck a man. He was taken to Kaiser Permanente Hospital in Walnut Creek with injuries to his shoulder and knee.

      A bank employee who was in a room adjacent to the boiler at the time of the blast was also taken to the hospital for symptoms of shock. But officials described both victims' injuries as minor.
      Bank patron Alex Utal said the explosion knocked panels off the walls inside the bank. "I thought someone had thrown something against the building," he said.

      Shannon Rogers, an employee at Athletic Outpost across from the bank, felt the explosion shake the building while she was working.

      "It reeked of gas," she said. "A big metal piece flew off and hit the piano store across the street."
      Other bank employees said the building quickly filled with heavy steam or smoke but officials said there was no fire inside following the blast.

      Damage was heaviest on the second floor where the suspect boiler was located.

      ''Earlier in the day, repairs were being made to the boiler," said Contra Costa Fire Capt. Larry Thude. "The repair crew left around 2 or 2:30 p.m."

      Authorities said only about 10 people, including employees and patrons, were in the bank when the explosion occurred. A gas line to the bank was immediately shut off but several neighboring businesses were evacuated as a precaution.
      Police cordoned off a four-block area around the bank, snarling traffic in the already heavily congested downtown area.
      Wells Fargo was planning to send its own security people to the scene to secure the bank, said bank market president Andrew Mastorakis.
      Mastorakis said there had been no threats made against the bank and that all evidence pointed to an explosion in the boiler. Fire officials and police were expected to remain at the scene to establish an official cause of the blast. Engineers from the bank and the city were assessing structural damage to the building last night.
      Lance Berg, a Wells Fargo spokesman in San Francisco, said customers in Walnut Creek should use Wells Fargo's branch on South Broadway until the branch on North Main reopens.















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