Look, the shareholders in water companies need to be wiped out. They have allowed the balance sheets to become untenable, now they lose their capital. PE has s

Look, the shareholders in water companies need to be wiped out. They have allowed the balance sheets to become untenable, now they lose their capital. PE has sold to the next fool - but more fool them. The debt holders are going to have to take a haircut as well, again this is a hard but fair lesson from the pages of capitalism.