| View previous topic :: View next topic |
| Author |
Message |
planteria
Wise
Joined: 21 Apr 2000
Posts: 3369
Location: going down the wednesbury road
|
 Posted: Mon Jun 22, 2009 10:01 am Post subject: |
 |
|
i have a bond with them maturing in the next few days - not sure whether to remain a member or not. |
|
| Back to top |
|
 |
TOPCAT57
Oracle
Joined: 09 Aug 2004
Posts: 4540
|
| Posted: Mon Jun 22, 2009 10:55 am Post subject: |
|
|
Go in to your Branch or write to them to ask what they benefits are?
Answer should be interesting.
 |
|
| Back to top |
|
|
MarkyMarkD
Worthy
Joined: 20 Feb 2001
Posts: 497
|
| Posted: Mon Jun 22, 2009 11:09 pm Post subject: |
|
|
| richard@Rpoints wrote: | | MarkyMarkD wrote: |
I can't believe for a moment that the PPDS holders would have signed up to something which enabled them to be wiped out at no cost (and therefore, no benefit to them). |
Well, as you so rightly pointed out....
| Quote: | | Presumably they did not have a choice, other than to accept that WBBS would have been nationalised if this had not happened, and they might then likely have ended up with nothing. |
So perhaps a member could organise a resolution for next year proposing exactly that? |
Let me rephrase my original response then, Richard. Whilst the PPDS holders may have had little choice, there would be no equity in the "deal" you are discussing, and nobody in their right mind would have considered it fair to have made them sign up to it. So I don't believe that that IS the deal and the discussion is somewhat spurious. |
|
| Back to top |
|
|
MRMX9
Adept
Joined: 14 Jun 2004
Posts: 99
|
| Posted: Tue Jun 23, 2009 11:00 am Post subject: |
|
|
| planteria wrote: |
i have a bond with them maturing in the next few days - not sure whether to remain a member or not. |
If they are offering a best buy bond stay with them - if not move the money somewhere else (e.g. Skipton are doing a good online fixed bond).
West Brom won't be paying any windfalls - except to the people who have bought up the new instrument which saved them. |
|
| Back to top |
|
|
HeadHunter
Sage
Joined: 03 Oct 2000
Posts: 2838
|
|
| Back to top |
|
|
kirans
Worthy
Joined: 26 Oct 2003
Posts: 18
|
|
| Back to top |
|
|
Nogbad
Adept
Joined: 27 Dec 2004
Posts: 201
Location: Liverpool
|
| Posted: Sat Jul 18, 2009 6:01 pm Post subject: |
|
|
This is outrageous, the report even suggests he could have been paid more and this appears to be the least he could have been paid.
Now i dont have a West Brom account but if i did i would close it immediately in protest at this and the scheme that has allowed them to remain solvent and continue to offer poor service for customers, whilst allowing the board to milk every available penny from the society. |
|
| Back to top |
|
|
planteria
Wise
Joined: 21 Apr 2000
Posts: 3369
Location: going down the wednesbury road
|
|
| Back to top |
|
|
Ord
Adept
Joined: 23 Dec 2000
Posts: 3546
Location: London
|
| Posted: Wed Jan 13, 2010 9:27 pm Post subject: |
|
|
| After an optimistic flurry up to around 30p per share, I see that the West Brom new preference shares have fallen back to an all time low (pre and post "rescue") of 21p. |
|
| Back to top |
|
|
|
