Yeah that's because your bankruptcy laws are broken AFAICT - it's too easy to hold insufficient funds for post operational clean-up, then transfer assets elsewh

Yeah that's because your bankruptcy laws are broken AFAICT - it's too easy to hold insufficient funds for post operational clean-up, then transfer assets elsewhere and declare bankruptcy. That is, private owners in this case are able to socialise the cost of their operation, which is no more private ownership than when the profits are socialised.