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The Wall Street Non-Bailout and Metrolink Safety
The driver who died in the Metrolink crash with a Union Pacific freight train worked for a contractor with a history of problems. One of its subsidiaries was involved in two fatal accidents in Florida, including a head-on crash between two of its vans. Also today, Congressional failure to pass the Wall Street rescue caused a massive crash in the market. Why did half California's delegation vote "No"?
By Warren Olney • • 30m ListenThe driver who died in the Metrolink crash with a Union Pacific freight train worked for a contractor with a history of problems. One of its subsidiaries was involved in two fatal accidents in Florida, including a head-on crash between two of its vans. Also today, Congressional failure to pass the Wall Street rescue caused a massive crash in the market. Why did half California's delegation vote "No"?
In this episode
2 storiesCalifornia Legislators Split over Bailout Package
After Congress failed to pass the much-compromised Wall Street rescue today, the Dow took its biggest single point-drop in history—777 points. Speaker Nancy Pelosi blamed Republicans for the bill's failure, but no less than half of California's Democratic Caucus also voted "no."
Read the story11 minMetrolink to Address Safety along the Tracks
In the aftermath of the crash with a freight train that killed 25 people in Chatsworth, today's Los Angeles Times reports that the company employing the Metrolink driver has had troubles in other places. Mayor Villaraigosa has called on Metrolink to review all its contracts.
Read the story13 min
