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Re: Please explain Great Southern Railways




Maurie Daly wrote in message ...

<snip>

>Even Government Business Enterprises like RAC or Victrak dont own the
assetts
>they control , they simply administer them on behalf of the State.
>About the only thing GSR actually owns is a heap of carriages.
>They dont even own Keswick.

Many businesses do not own much in the way of assets. In fact, the trend in
business has been to own as little as possible and lease the rest as
necessary.


Barry Campbell