Sorry, but would never work. Most successful large companies borrow to earn money. They usually borrow to pay back within a time period (mostly a 5 year plan). So what ever they spend the money has to earn money to pay off the loan. These people have never had any intention of repaying the debt. I genuinely believe we should leave them with the debt. If they cannot run the water company then just take it off them. This is their debt not ours.