Hollow Out The Public Entity And Fatten The Private one. No Privatisation Nessesary!

Some excellent sleuthing going on over at Frank Macskasy’s site! Last year, on 19 May,  Solid Energy was one of five SOEs that National announced would be partially privatised (see: Budget 2011: Govt seeks $7 billion in asset sales). Bill English announced, with a naivetee usually reserved for wildly idealistic, wide-eyed  youth, “Well targeted investment […]