You are reading a single comment by @Howard and its replies.
Click here to read the full conversation.
-
Yes, this is the problem.
It may prove to be fruitless
Good money after bad. Even when people die this kind of stuff seems to go nowhere. Or we find out it was some feckless minister and their civil servants who struck the deals that enabled all this. The kind of people we are trusting to not screw up some form of renationalisation.
Howard
hugo7
This is the problem isn't it?
There is built in an assumption that the market penalises failure. But when everything is interlinked it becomes tricky to responsibly let things collapse.
However, at the very least I'd like to see a wave of litigation opened against TW - every regulatory aspect, investigations into all officers over the last 35yrs under the company's act. It may prove to be fruitless, but even if it sucks up their money and energy in litigation it will be worth it.