Stock transfer, case study: Part 2, the proposed transfer
[Continued from yesterday's Part 1.]
The proposed stock transfer. Stock transfer is one of three ways that existing local authority stock can be recapitalized (the other two are Arm’s-Length Management Organizations, ALMOs, and the Private Finance Initiative, PFI), and in many ways it is the cleanest. It is simply a change of landlord, from local [...]
