Portman windfall vote

ReportInvestor

kazzy wrote: »

.I find it very sceptical that over 90% said yes when so many people down south were against it.

Well if that's true, why didn't they vote?

If you are suggesting that the Portman board (who stand to gain so much from their future Nationwide employers but would lose everything in a corruption scandal) bribed a respectable vote counting agency (who would fold if it ever came out) then I can't take your comment seriously.

The vote was never in doubt because the message was "you can stay mutual AND pick up £450" which is a bit of a winner, really.

bristolleedsfan

ReportInvestor wrote: »

Well if that's true, why didn't they vote?

If you are suggesting that the Portman board (who stand to gain so much from their future Nationwide employers) bribed a respectable vote counting agency (who would fold if it ever came out) then I can't take your comment seriously.

i went into local portman branch during voting process, their was neither a word said nore a poster out relating to voting so def no vote manipulation in bristol branch

kazzy

ReportInvestor wrote: »

Well if that's true, why didn't they vote?

If you are suggesting that the Portman board (who stand to gain so much from their future Nationwide employers) bribed a respectable vote counting agency (who would fold if it ever came out) then I can't take your comment seriously.

corruption takes place in all forms of society(govt probably being the worst offender).I think you could be slightly naive if you don't realise that.

Are you a Portman director by any chance??

ReportInvestor

Those Portman directors would be struck off working in financial services ever again.

Why risk that when they are going to earn a fortune as Nationwide directors and the vote was never in doubt?

It is you who are being naive.

kazzy wrote: »

Are you a Portman director by any chance??

:rotfl:

Any Portman director would also know that there would be hundreds of Portman employees ready to shop them for any "Sharpe" practice.

Perhaps you could suggest a society where members have voted by less than 90% when a windfall was proposed.

You could be a long time searching.

bristolleedsfan

kazzy wrote: »

corruption takes place in all forms of society(govt probably being the worst offender)

joke is " dont steal the government doesnt like competition " :rotfl:

kazzy

ReportInvestor wrote: »

Those Portman directors would be struck off working in financial services ever again.

Why risk that when they are going to earn a fortune as Nationwide directors and the vote was never in doubt?

It is you who are being naive.


:rotfl:

Any Portman director would also know that there would be hundreds of Portman employees ready to shop them for any "Sharpe" practice.

^^^ as i said above ....naive:D

ReportInvestor

Have you got a link to a report on the Portman AGM heckling, or did you go yourself.

Here is a report from someone who seems to have been there