TCPalm
TALLAHASSEE - Gov. Rick Scott on Friday announced three appointments to the Florida Development Finance Corp.

The quasi-governmental agency in August agreed to issue $1.75 billion in tax-free bonds to All Aboard Florida, but later discovered that its board members’ terms had expired.

According to a recent Wall Street Journal report, investors have taken back nearly $800 million from the flagship hedge fund of the Fortress Investment Group LLC, which is 25% of the $3.2 billion of the firm’s total assets that are under management.

The fund, being managed by Mike Novogratz, was down 1.6% by the last quarter of 2014, compared to the 5.7% average return enjoyed by other macro hedge funds. Fortress was among the many macro funds that faced severe challenges at the beginning of 2014.

POLITICO

Most freight railroad insurance policies couldn’t begin to cover damage from a moderate oil train accident, much less a major disaster. And the Department of Transportation’s own database of oil train incidents is flawed because some railroads and shippers provide incomplete information that far understates property damage.

Rich Campbell TCPalm
I’ve rebranded myself twice. So I understand All Aboard Florida possibly renaming its passenger rail service. I am a junior and my father’s name is Dick Campbell. Until about age 6 my parents called me “Little Dickie.” Too emasculating. Besides, who wants to be a “little” anything?

For several years, I went by “Richard.” Too formal. At least for me.

A precautionary evacuation around the area south of Galena, Illinois was underway around 5 p.m. after several cars of a BNSF Railway Train derailed.

Initial reports indicated that five cars in a 105 car train derailed Thursday, March 5, 2015 around 1:20 p.m.

103 of the 105 cars were loaded with crude oil, according to a statement from the BNSF Railway.  The other two cars were buffer cars loaded with sand.

The cause of the derailment, which happened near Ferry Landing, was unknown, according to BNSF’s statement.

THANK CONGRESSMAN POSEY WHO IS NOT ALL ABOARD 
e-mail: https://posey.house.gov/forms/writeyourrep/
ALL ABOARD in support of Rep. Julia Brownley (D-CA) amendment that Requires each state receiving federal grant money under the Railroad Rehabilitation and Improvement Financing (RRIF) program to develop a grade crossing action plan, identifying specific solutions for improving safety at crossings, including highway-rail grade crossinG

SEND LETTERS TO STATE LEGISLATORS AND FIGHT BACK AT http://bit.ly/1FRRNkm
This horrific crash recently took the life of a young mother and five others in Valhalla, NY. In South Florida we've learned how to survive hurricanes. But if All Aboard Florida invades, are we prepared for what could happen?