Word: csx
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Massachusetts Lt. Gov. Timothy P. Murray announced Wednesday that the State has finalized an agreement to relocate railroad company CSX Transportation’s operations out of Allston—a move that helps pave the way for Harvard to consider long-term development of the many acres of land that the University owns in the area...
...first two Treasury chiefs of the Bush years never pulled off much at all. Paul O'Neill, the former CEO of aluminum maker Alcoa, battled with the White House over deficit spending (he wanted less of it) and lost. His successor, John Snow, former CEO of railroad giant CSX, toed the Administration's low-tax, anti-regulation line so faithfully as to be almost invisible...
...Next came Snow, the former CSX Corp. executive. His tenure has been in some ways just as anticlimactic as O'Neill's, while perhaps inspiring even less confidence. He had a tendency early on to say things that spooked the markets, leading some on Wall Street and on K Street to wonder whether he understood them. When the economy flagged a bit, Snow was a less than inspiring presence on TV. And by the time the first term ended, White House officials were leaking widely that he too would soon be going - so widely that Bush decided...
...shop, have advised DP World. Clinton has described the U.A.E. as a model Middle East government and in 2002 gave two speeches in Dubai, pulling in $450,000. Nor is the Bush Administration unfamiliar with DP World. Critics grouse that Treasury Secretary John Snow's former company, transportation giant CSX, sold its international port operations to DP World in 2004, for $1.15 billion. Dubai also works with the Carlyle Group, the Washington-based investment firm stocked with former government insiders...
...course, it's much easier to own a piece of America when you have a pension like Snow's. When he stepped down as head of CSX Corp.--operator of the largest rail network in the eastern U.S.--to take over Treasury, Snow was given a lump-sum pension of $33.2 million. It was based on 44 years of employment at CSX. Unlike most ordinary people, who must work the actual years on which their pension is calculated, Snow was employed just 26 years. The additional 18 years of his CSX employment history were fictional, a gift from the company...