Quote:
Originally Posted by Carth
Taken from the link above regarding British Steel . . .
excuse me if I appear thick, unable to comprehend written English, or simply way off the mark with how things work in world politics . . but shoving £300m into something that's then sold for £70m is confusing me  |
Some of it is loans.
It’s basically corporate socialism. Capitalism doesn’t cover losses to the Government has to step in. See collapsed pension providers, train operators and banks.