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Podcast: A Long Time In Finance
Episode: The Derailment of Railtrack
Description: It was supposed to bring in the cash to revive Britain's creaking railway network. But then it all went wrong for the listed network owner. A series of tragic accidents undermined public confidence, beginning the slow unravelling of rail privatisation as a whole. Neil and Jonathan talk to Gerald Corbett, one time boss of Railtrack, about the privatisation project, the accidents, and what went right and wrong.The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Advanced Valuation in Financial Markets course to listeners. Just follow this li...