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!

Comments

• 
  

•  

• Categories

  • Companies
  • Investing
  • Markets
  • Naked PE
  • Ramblings
  • Reading list
  • User Postings

• Recent Posts

  • Bubble 2008 found
  • Darwen reaching for critical mass
  • Looking beyond banks for income
  • An open love letter to Ken Fisher
  • The six cheapest stocks in May

• From our technology blog

  • A couple of new features
  • I’m suddenly scared of dogs.
  • An experiment with Google Maps.
  • ‘Pick of the week’ launched on Facebook
  • ‘Ask’ launched

• Links

  • Alphaville
  • CXO Advisory Group Blog
  • Intelligent Mergers
  • Me on Monewyise!
  • Moneyterms Blog
  • Peston's Picks
  • The Big Picture

• Archives

  Select Month May 2008  (8) April 2008  (11) March 2008  (6) February 2008  (7) January 2008  (5) December 2007  (7) November 2007  (15) October 2007  (13) September 2007  (14) August 2007  (8) July 2007  (7) June 2007  (17) May 2007  (13) April 2007  (14) March 2007  (24) February 2007  (21) January 2007  (13) November 2006  (3) October 2006  (2) September 2006  (1) August 2006  (4) July 2006  (1) June 2006  (3) May 2006  (1) April 2006  (3) March 2006  (3) December 2005  (2) November 2005  (10) October 2005  (3)