Comment on Thames Water investors say temporary nationalisation would slow its recovery
Codpiece@feddit.uk 1 week ago
Are these the same investors who have plundered it for so long?
Comment on Thames Water investors say temporary nationalisation would slow its recovery
Codpiece@feddit.uk 1 week ago
Are these the same investors who have plundered it for so long?
tetris11@feddit.uk 1 week ago
It’s not, that’s literally their game. They take over the utility, ask for a grant from the government to improve their services, use the dividends to increase the stock, and then sell the company on to new investors. Rinse and Repeat