logo

Stop demonizing shareholders!

Posted on June 11, 2007 by Richard Beddard
Filed Under Ramblings |

The markets are not perfect and neither are the fund managers driving investment decisions nor the managers of companies seeking to maximize shareholder value, but I will take a free market any day over controlled five-year planning. A financial institution should know better.

Tom Glocer, chief executive of Reuters, on Nationwide’s new ad. campaign, which demonizes shareholders (or implicates them in the high charges banks are loathed for, at least).

Footnotes:

  1. Tom Glocer is the only blogging FTSE chief executive I’m aware of!
Category: Ramblings

Comments

2 Responses to “Stop demonizing shareholders!”

  1. Deborah on June 12th, 2007 2:01 am

    The link isn’t working.

  2. Richard Beddard on June 12th, 2007 7:56 am

    It is now! Thanks for telling me, Deborah :-)

Leave a Reply