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Vote in Nationwide's AGM 2011
NationwideMember
Posts: 4 Newbie
Links to Nationwide will be added to this thread.
The AGM isn't yet, but soon.
Nationwide is a mutual building society, owned by the members.
It is run by bankers who get paid millions and have fat pensions.
They no longer listen to you, its (shareholding) owners.
If you have more than £100 savings, or mortgage, then please join my facebook campaign to get members to stand for elected directors.
Why MoneySavings / Facebook?
Because you need a whopping 500 members nominations to stand as a director. (Of course, that's easy if you're at Nationwide HQ).
Take a look at "Silverstone" (deposit) notes subsidiary in its accounts. Sounds like another credit crunch trigger, packaging bundles of (riskier?) mortgages. Directors from Lehman Brothers, Citigroup...
You can't even ask questions at the AGM. Its your money.
All you can do is sack those in charge, and appoint ordinary members to ask difficult questions in the boardroom.
I am recommending you DO NOT ACCEPT ACCOUNTS (without disclosure of Silverstone mortgage bundling to independent audit by CRB checked representative member).
DO NOT SEND ELECTRONIC BANK / CONTACT DETAILS.
Join the open facebook group, and get invited to the closed group, where you will be verified by good old postman here in the UK, not some russian hacker.
Neil Humphrey
On facebook as Nationwide Building Society (As mutual members, we own it).
The AGM isn't yet, but soon.
Nationwide is a mutual building society, owned by the members.
It is run by bankers who get paid millions and have fat pensions.
They no longer listen to you, its (shareholding) owners.
If you have more than £100 savings, or mortgage, then please join my facebook campaign to get members to stand for elected directors.
Why MoneySavings / Facebook?
Because you need a whopping 500 members nominations to stand as a director. (Of course, that's easy if you're at Nationwide HQ).
Take a look at "Silverstone" (deposit) notes subsidiary in its accounts. Sounds like another credit crunch trigger, packaging bundles of (riskier?) mortgages. Directors from Lehman Brothers, Citigroup...
You can't even ask questions at the AGM. Its your money.
All you can do is sack those in charge, and appoint ordinary members to ask difficult questions in the boardroom.
I am recommending you DO NOT ACCEPT ACCOUNTS (without disclosure of Silverstone mortgage bundling to independent audit by CRB checked representative member).
DO NOT SEND ELECTRONIC BANK / CONTACT DETAILS.
Join the open facebook group, and get invited to the closed group, where you will be verified by good old postman here in the UK, not some russian hacker.
Neil Humphrey
On facebook as Nationwide Building Society (As mutual members, we own it).
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