From Public Sector To Private....

[Strawman]

Recently seeing a news article about certain ex-publicly owned companies brought the red mist (no pun intended) to my eyes.....

Look at QuinetiQ, formerly owned by the MoD for whom they specialised in research, but privatised by Thatcher. They are now starting to make an absolute fortune over the heads of all the money, the people's money, spent on R&D while the were govt owned. Shareholders are now making a 2000% profit, or something similarly stupid.

Oddly enough they're now at least partly owned by priate equity group, Carlyle. Anyone find that a bit strange? Or have any other examples?

Don't get me started on BAe.

[Lynx]

I've seen stuff on TV that suggests the Politician > Lobbyist career path is more popular than ever.
Bigwigs wheeling and dealing and raking in the money? Nothing strange about that. Although it is often complicated and devious, in ways the IRS and other revenue agencies don't follow.
The Carlyle group, Haliburton, Bechtel. These are the names I've heard.