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Yo_Mama_Been_Loggin

(137,119 posts)
Mon May 11, 2026, 03:06 PM 2 hrs ago

America's deadliest railroad drowns in $5.5billion debt after the deaths of 196 people

Brightline, America's deadliest railroad, has fallen into more hot water as the company faces bankruptcy with little respite in sight after the deaths of nearly 200 people.

A financial audit by Ernst & Young on Brightline, a highspeed railroad that launched in 2018, saw that the company reported a net loss of over $230 million in 2025, raising red flags for the railroad's future.

The year before, the company reported a roughly half-billion-dollar loss.

According to the firm, the company's mounting $5.5 billion debt has left Brightline in need of drastic action to avoid filing for Chapter 11 bankruptcy.

https://www.msn.com/en-us/money/companies/america-s-deadliest-railroad-drowns-in-5-5billion-debt-after-the-deaths-of-196-people/ar-AA22QJJ3

Yet the regressives use Brightline as an argument to privatize Amtrak.

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