SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : American Automobile Industry: Can it survive?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: veritas501 who wrote (418)3/22/2013 7:32:13 AM
From: veritas501   of 431
 
National City Lines, Inc. (NCL) was a controversial front company founded in Minnesota, United States in 1920 as a modest local transport company operating two buses which was reorganized into a holding company in 1936 with equity funding from General Motors, Firestone Tire, Standard Oil of California and Phillips Petroleum for the express purpose of acquiring local transit systems throughout the United States in what became known as the Great American Streetcar Scandal. [2] The company formed a subsidiary, Pacific City Lines in 1937 to purchase streetcar systems in the western United States. [3] National City Lines, and Pacific City Lines were indicted in 1947 on charges of conspiring to acquire control of a number of transit companies, and of forming a transportation monopoly for the purpose of "Conspiring to monopolize sales of buses and supplies to companies owned by National City Lines." They were convicted on the first charge but not the second in 1949.

en.wikipedia.org
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext