Railtrack faces bankruptcy five years after its privatization. Railtrack performance deteriorated since it was privatized in 1996, showed its weakening financial health, poor service, poor safety record, and wrong investment program. In October 2001, the UK government has decided to put the company into administration. What went wrong in the case of the privatization of Railtrack in? What alternatives exist for Railtrack post administration? "Hide
by Alexander Dyck, Irina Christ Source: Harvard Business School 6 pages. Publication Date: January 14, 2002. Prod. #: 702032-PDF-ENG
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