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lotsofpulp • yesterday at 2:32 PM • 1 reply • view on HN

If you are insinuating corruption, then no discussion can be had since no numbers can be trusted. If there is no (or sufficiently little) corruption, then shareholder returns would be a reflection of the business’s profitability.


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toomuchtodo • yesterday at 2:34 PM

Call it what you want, these are unnecessary margins that should be crammed down. Regulation, nationalization, I am not picky how. Whether shareholders are seeing outsized returns from the regulatory capture, also not too concerned about.

I am fairly confident the cohort of those who support investor owned utilities are a vocal minority.

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