Reports of DOR's demise exaggerated?

This from Our Man at 222 Marylebone Road...

DfT has once again warned the thinly capitalised equity profiteers not to mess with Clare 'The Franchise' Moriarty or DOR will again step in to run the railway.

But surely DOR hasn't the resources to run 10 franchises over the next couple of years? 

Don't be too sure. That sounds well within the modest ambitions of DOR chief Michael Holden.

And to judge by the guest list at the First Class Partnerships thrash at the Carriage Sidings at Kings Cross the other evening, DfT's Consultancy of First Resort would have no problems rustling up any number of deeply experienced TOC management teams. 

You have been warned!