Quote Originally Posted by The Bedlington Terrier View Post
Why do we keep on propping up failed enterprises? If capitalism is so fcuking wonderful, let them bail each other out not the taxpayer...
Carillion hasn't been bailed out by the taxpayer though, it's gone into liquidation, it's shareholders wiped out and the banks taking a £2 billion hit, which is as it should be. That's how capitalism works, badly run, inefficient companies fail, better managed, more efficiently run companies survive and prosper. Balfour Beatty were in a similar position to Carillion three years ago, they turned it round, Carillion didn't.