{"id":9544,"date":"2009-01-05T00:00:00","date_gmt":"2009-01-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-greenbrier-needs-to-compete","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/the-greenbrier-needs-to-compete.html","title":{"rendered":"The Greenbrier needs to compete"},"content":{"rendered":"<p>Charleston Daily Mail &#8211; The Greenbrier has been a powerful asset to West Virginia since before the state was a state. Its corporate parent today, Florida-based CSX Corp., recently announced that it has hired Goldman Sachs to make the resort a &quot;viable entity.&quot;<\/p>\n<p>The resort lost $35 million in 2008.<\/p>\n<p>It&#8217;s easy to understand why CSX would want the Greenbrier, only one of its concerns, to earn its keep.<\/p>\n<p>As the Wall Street Journal noted, the railroad industry is grappling with a severe drop in freight volume, the hospitality industry is in a serious slump, and CSX has been harried by hedge funds that questioned its investments and called for a management overhaul. That dispute put five new faces on the 12-member board.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.dailymail.com\/mostRecent\/200901040200\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charleston Daily Mail &#8211; The Greenbrier has been a powerful asset to West Virginia since before the state was a state. Its corporate parent today, Florida-based CSX Corp., recently announced that it has hired Goldman Sachs to make the resort [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5054,3588,5055,398,5059,5057,1482,1512,5058,1765,4451,5056,4464,2750,5060],"class_list":["post-9544","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-charleston-daily-mail","tag-csx","tag-csx-corp","tag-goldman-sachs","tag-greenbrier","tag-hospitality-industry","tag-investments","tag-member-board","tag-new-faces","tag-railroad-industry","tag-slump","tag-viable-entity","tag-wall-street","tag-wall-street-journal","tag-west-virginia"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9544"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9544\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}