For the corporate suits in the leadership of the DB (often deposed politicians), it has been a success, because they have become stinking rich from essentially leaving public property that was paid for by the taxpayer to rot, while giving themselves obscene salaries and even more obscene bonuses, all with an obscene raise every year.
Another privatisation success story!
Government-owned privatisation is kind of the worst of both worlds.
For the corporate suits in the leadership of the DB (often deposed politicians), it has been a success, because they have become stinking rich from essentially leaving public property that was paid for by the taxpayer to rot, while giving themselves obscene salaries and even more obscene bonuses, all with an obscene raise every year.
It’s a cleptocrat success story.