Sure, I believe these dividend policies used to be illegal. I would certainly make it illegal to do share buybacks, and to issue dividends on credit. Privitis

Sure, I believe these dividend policies used to be illegal. I would certainly make it illegal to do share buybacks, and to issue dividends on credit. Privitisation doesnt really work with the private equity model that has been developed over the last decade, ie., buy a biz on credit and raid its resources. But i think it's easier to get these laws passed than require a politican investigate resource waste, bad service, etc. in services they are responsible for. The UK gov is structured to disable accountability at every level -- that's a much harder fix.