The playbook is so obvious.
Bankrupt the company.
Offer a bailout, with indemnity clauses.
Own all the natural resources.
Rinse and repeat.
If you have been following @Simon Dixon you will not be surprised that BlackRock are involved in this "rescue package".
London Daily
Thames Water's Legal Showdown: £3 Billion Bailout Battle Unfolds - London Daily
England’s largest water company seeks a financial lifeline amid towering debts and creditor conflicts.


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