Should we the owners sack the directors who trashed out banks?

iamesbo

As we, due to our bailout of the banks are now sharehohlders we are entitled to appoint or sack directors.

I take it we will all recieve our annual reports and voting forms for these banks which we now own?

And I though I had sold all my HBOS shares but they keep coming back looks like i now have £4,00 worth of bank shares!!

Riq

Depends what the articles of association say

iamesbo

Riq wrote: »

Depends what the articles of association say

Yes it would be interesting for find out what rights we have as shareholders in these banks, it seems we have unlimited liability and no power or say or control over those who are 'managing' our money.

No private investor would get into such a deal, that would be an insane thing to do.
It looks like we have all effectively been sectioned under the mental health act
with Gordon Brown are the 'big nurse' and Alister Darling and Peter Mandelson
as the sinister orderlys :rotfl:

Riq

If it goes well though then the government will make a tidy sum which fingers crossed they will.