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Topic: Whats the argument about not letting Thames Water go bankrupt?
Posted by: Richard Carter
Date/Time: 16/12/24 13:57:00

If any other big company was in Thames Water's financial position they'd go bankrupt and the investors would carry the can. Tough on the investors who would lose their money, but they should have been prepared for that ("the value of investments can go down as well as up").

So what's the argument against the same deal for TW and the other water companies? Otherwise, the state,  which means you and me, will have to pay for the £18 billion debt that TW so recklessly ran up so it could pay investors massive dividends (and the totally undeserved bonuses for their executives) instead of keeping up their maintainence of the system


Entire Thread
TopicDate PostedPosted By
Whats the argument about not letting Thames Water go bankrupt?16/12/24 13:57:00 Richard Carter
   Re:Whats the argument against not letting Thames Water go bankrupt?16/12/24 13:59:00 Richard Carter
   Re:Whats the argument about not letting Thames Water go bankrupt?16/12/24 14:13:00 Ivonne Holliday
      Re:Re:Whats the argument against not letting Thames Water go bankrupt?16/12/24 15:48:00 Richard Carter
         Re:Re:Re:Whats the argument against not letting Thames Water go bankrupt?16/12/24 16:41:00 Ivonne Holliday
            Re:Re:Re:Re:Whats the argument against not letting Thames Water go bankrupt?17/12/24 09:37:00 Richard Carter
               Re:Re:Re:Re:Re:Whats the argument against not letting Thames Water go bankrupt?17/12/24 09:54:00 Judy Allen
                  Re:Re:Re:Re:Re:Re:Whats the argument against not letting Thames Water go bankrupt?19/12/24 19:50:00 Philippa Bond
                     Re:Re:Re:Re:Re:Re:Re:Whats the argument against not letting Thames Water go bankrupt?19/12/24 21:33:00 Ed Robinson

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