‘Please don’t forward this email,’ begs £4m-a-year water chief Liv Garfield

  • emerty@feddit.uk
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    1 year ago

    Just tell the banks the debt is void, or they can swallow it, their choice.

    Shareholders and management team get wiped out.

    Municipalise it.

        • Biohazard@feddit.uk
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          1 year ago

          Yeah but the water company can’t go bankrupt because it provides a key service. So the government will HAVE to rescue it and thus they’ll HAVE to pay the investors something. Might be a write down but one way or another tax payers will be on the hook. I’m not supporting this shit btw. The water companies are a natural monopoly so should be controlled by the government and never have been nationalised. I’m just saying what is EVENITABLY going to happen.