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<blockquote data-quote="weasel" data-source="post: 567265" data-attributes="member: 14"><p>Agreed, though HOPEFULLY, the Gov (whichever colour it is at the time) have enough sense to let Thames go bankrupt and then just nationalise the assets/buy them from administration. That way they don't get lumbered with the debts, though they will need to spend a fortune brining it up to speed (Cap Ex) but that should be reclaimable when they sell. Like doing up a house, you get more for it after you have done the work.</p><p>That will also mean the Share holders of Thames will get nothing, maybe slightly harsh on them as most of the current holders aren't the ones who ran up the debts that are sinking it, but such is capitalism. And no way should UK tax payers be bailing them out. Bail Thames out but not the shareholders etc.</p></blockquote><p></p>
[QUOTE="weasel, post: 567265, member: 14"] Agreed, though HOPEFULLY, the Gov (whichever colour it is at the time) have enough sense to let Thames go bankrupt and then just nationalise the assets/buy them from administration. That way they don’t get lumbered with the debts, though they will need to spend a fortune brining it up to speed (Cap Ex) but that should be reclaimable when they sell. Like doing up a house, you get more for it after you have done the work. That will also mean the Share holders of Thames will get nothing, maybe slightly harsh on them as most of the current holders aren't the ones who ran up the debts that are sinking it, but such is capitalism. And no way should UK tax payers be bailing them out. Bail Thames out but not the shareholders etc. [/QUOTE]
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