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Vote in Nationwide's AGM 2009

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Comments

  • karatedragon
    karatedragon Posts: 1,148 Forumite
    Nationwide Suck. I left them ages ago.
  • KorkyKat
    KorkyKat Posts: 96 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 5 July 2010 at 5:50PM
    I've just voted NO to everything as well. I resent the fact that they took over a few of the other societies - no help from the Government for them like RBS - and are acting like a plc bank.

    Having looked at the fat cats report I'll be bailing out when by bond matures.

    What in the hell do they think they are doing as a mutual in sponsoring the England Football Team? Did they ever consult the members? They paid 20 million! No doubt that would have got a few free tickets for the directors, wives and mates courtesy of all the savers deposits.

    VOTE NO TO The Fat Cats
  • KorkyKat
    KorkyKat Posts: 96 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    An excellent article here from Jeff Prestridge.

    Damn! I wished I lived near London.

    http://blogs.thisismoney.co.uk/2010/06/vote-against-nationwide-bumper-pay-packets.html
  • christabell
    christabell Posts: 427 Forumite
    Part of the Furniture Combo Breaker
    Count me in....I mean out.....:beer:
    Today, my BEST is good enough.
  • Inactive
    Inactive Posts: 14,509 Forumite
    Just voted no to all except item 4.


    The online voting form is clearly biased towards them getting a yes vote, it would never be allowed in a General Election.

    It just proves how much they try to take members for granted.
  • Chopperharris_2
    Chopperharris_2 Posts: 7 Forumite
    edited 9 July 2010 at 12:59AM
    I've been a member of Nationwide for nearly 15 years and my parents before that were members for well over 25 years, so we have a long history with them.
    I haven't voted for the board for as long as I can remember and I STRONGLY urge other members not to vote for them either.

    Their voting procedure and ballot papers make Robert Mugabe look positively democratic!
    From what I can see, They put their people on the board, and then sometime later get the members to rubber stamp it through a rigged ballot form. Notice the "Quick option" (mugs option) at the top.
    How about it being mandatory that they have to have some real members on the board.

    It used to be the best mutual Building Society around with extremely competitive rates and excellent service, but not any more. The only thing mutual about it these days, is the way the directors mutually agree to pay themselves telephone number salaries every year.

    It's time people woke up, don't let them get away with it, it's our society, not theirs. Vote against all their recommendations!

    :mad: :mad: :mad:


    Ps There seems to be two threads on this subject so forgive me if you've read this before.
This discussion has been closed.
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