Friday, February 05, 2010

Alstom Transport Applauds Obama Administration's Actions to Fund High Speed Rail

Via Earth Times,
WASHINGTON, Jan. 28 /PRNewswire/ -- Officials of Alstom Transport, a world leader in high-speed rail, today applauded the Obama Administration on its plans to make a significant investment in high-speed rail. The Administration has announced a series of federal grants to support high-speed rail projects around the country.

Read more:,1141618.shtml#ixzz0efVdTTE8
And then this about Alstom,
An Alstom direct registered share is registered at and managed by BNP Paribas Securities Services. An Alstom registered share is registered with Alstom, but it is managed by a financial intermediary chosen by the shareholder.

The holder of registered shares is registered on the books of the issuing company. Alstom’s register is maintained by BNP Paribas Securities Services. Alstom knows the names of all its registered shareholders and that allows Alstom to directly distribute all documentation. Alstom also attends to the management fees for holders of registered shares.
A curious convergence here worth watching. Sad fact about high-speed rail --which really won't be so high-speed given our infrastructure in Illinois-- is many of us would be happen with frequent conventional service to places like Dekalb or Rockford's airport.

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