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England's Water Companies: Up Schitt's Creek Again

A Long Time In Finance

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Nationalization

If you nationalize the network, it depends what the terms are. You clearly have to buy it back from the water companies. But effectively, you totally change their business model. It's a way of forcing them to repay all their debts. They're basically just customer service businesses at that point. No matter how this gets done, o where another is going to be ending up on customers bills or the and or taxpayer picking up the tab directly. Or a very theyre olf. I'm not sure about nationalization. My approach has always been, the first thing you've got to do is force them to recapitalize. Your scheme would do that fergel.

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