[PRCo] Re: Westinghouse

[Edward H. Lybarger]

Such value as there was went to CBS/Viacom, who I'm sure used it to pay down
acquisition debt.  Isn't it wonderful how we use debt to eliminate the jobs
of people who could otherwise buy our products?

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org]On Behalf Of Fred
W. Schneider III
Sent: Monday, November 05, 2001 6:38 PM
To: pittsburgh-railways at dementia.org
Subject: [PRCo] Re: Westinghouse



So where did the value of all the former assets go?

"Edward H. Lybarger" wrote:
>
> Westinghouse today has nothing to do with radio or television
> stations...they were all retained by CBS, which Westinghouse bought (and
> changed its name to) shortly before exiting its core fields.  CBS is now
> part of the Viacom empire of sleaze.  (Alas, I am a stockholder.)  The
> broadcasting companies are consolidated under the Infinity Broadcasting
> name.
>
> The Westinghouse name and some of the former businesses are owned by one
of
> the major European firms...I believe it is Siemens.
>
> -----Original Message-----
> From: pittsburgh-railways-bounce at lists.dementia.org
> [mailto:pittsburgh-railways-bounce at lists.dementia.org]On Behalf Of Fred
> W. Schneider III
> Sent: Monday, November 05, 2001 10:02 AM
> To: pittsburgh-railways at dementia.org
> Subject: [PRCo] Re: Westinghouse
>
> One should also note that Westinghouse has since sold off many of its
> core businesses ... the Transit Division, for example, went to Adtranz,
> then Bombardier.  (If I've got that sequence correct.)  Westinghouse
> Electric of today is principally a television station group that may or
> may not have started out as Group W Radio stations.
>
> And General Electric today is a major bank in addition to their other
> product line.  To the best of my knowledge, GE still has the Locomotive
> and Car operations at 2900 East Lake Road, Erie.
>
> Harold Geissenheimer wrote:
> >
> > Greetings
> >
> > In the 1960's they were competitors but made different products.
> > WABCO picked up Union Switch.  WABCO actually had a
> > rubber tired people mover to compete with the Westinghouse
> > Skybus.
> >
> > I believe that Westinghouse Electric was the larger.
> >
> > Harold Geissenheimer
> >
> > Jim Holland wrote:
> >
> > > Good Morning!!
> > >
> > >         What is//was the relationship between Westinghouse Electric
and
> Westinghouse Air Brake?
> > >
> > >         Information I have indicates W. Elec was formed in 1866; when
> was W. Air formed?
> > >
> > >         I believe Air went first and Electric was bought out, Yes?
> > >
> > > <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>
> > >
> > > James B. Holland
> > >
> > > Holland  Electric  Railway  Operation
> > >     "O"--Scale  St.-Petersburg Trams Company Trolleycars  &
> > >         "O"--Scale  Parts  mailto:pghpcc at pacbell.net
> > >         Pennsylvania Trolley Museum (PTM) http://www.pa-trolley.org/
> > >     Pittsburgh  Railways  Company  (PRCo),   1930  --  1950
> > > N.M.R.A.  Life member #2190; http://www.nmra.org
> > >
> > > <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>