Thames Water seeks court approval for emergency cash
Thames Water seeks court approval for emergency cash
www.bbc.co.uk
Thames Water seeks court approval for emergency cash
10 comments
10 comments
Thames Water seeks court approval for emergency cash
Thames Water seeks court approval for emergency cash
Let it run out. Businesses should be allowed to fail. That's capitalism.
If the state want to buy the assets for a bargain price, so much the better. We'll be thankful for it in the long run.
Yep, how can the benefits of competition and reward play out if there's no punishment for failure.
Capitalism for the poor, Communism for the rich.
They didn't even fail, the company was intentionally brought to the edge of bankruptcy by taking out huge loans it could never hope to repay so they could fund bigger dividends. Then the people responsible got nice big payouts as they walked away.