Emeritus Prof Christopher May on Nostr: With the prospect of a quasi-re-nationalisation of #ThamesWater, the Q. of ...
With the prospect of a quasi-re-nationalisation of #ThamesWater, the Q. of compensation for #shareholders has arisen (unsurprisingly).
As some posts have already hinted/suggested: in theory #capitalism is about risk; so if the #investors vehicle fails then they should lose their investment (after all that's what limited liability is intended to allow & cap).
But, the UK's rentier capitalism, usually socialises the losses while privatising the rewards; so investors will likely get something!
As some posts have already hinted/suggested: in theory #capitalism is about risk; so if the #investors vehicle fails then they should lose their investment (after all that's what limited liability is intended to allow & cap).
But, the UK's rentier capitalism, usually socialises the losses while privatising the rewards; so investors will likely get something!