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 Radio 4 ~ Macquarie: The Tale of the River Bank

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Ed Randall

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PostSubject: Radio 4 ~ Macquarie: The Tale of the River Bank   Sat Sep 09, 2017 8:54 pm

An interesting programme on Radio 4 the other evening relating to Thames Water. Many of the issues raised sounded familiar...

http://www.bbc.co.uk/programmes/b0931hl5

Also to be broadcast again on Radio 4 at 17:00 Sunday 10th September

In March, Thames Water was ordered to pay a record £20-million fine for repeatedly leaking sewage into the River Thames. When the leaks happened, Thames Water's owners were investors from around the world, many of their funds concealed offshore, with ultimate control resting with Macquarie Bank. Macquarie is an Australian investment bank with a reputation for hiring the brightest graduates and turning them into millionaires. The "Millionaire Factory" specialises in turning unexciting infrastructure companies like Thames Water into highly profitable operations.

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Ed Randall

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PostSubject: Re: Radio 4 ~ Macquarie: The Tale of the River Bank   Tue Sep 12, 2017 12:28 pm

How Macquarie bank left Thames Water with extra £2bn debt
http://www.bbc.co.uk/news/business-41152516

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