Standard Life Demutualisation - David Stonebanks

  • Thread starter Trevor Appleton
  • Start date

T

Trevor Appleton

Have just heard about this. Does anyone have a website / e mail address for
DS?

Trevor
 
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P

Peter Saxton

Have just heard about this. Does anyone have a website / e mail address for
DS?

Trevor
I entered "David Stonebanks" in Google and at the top was
www.stonebanks.co.uk and on it was his email address
(e-mail address removed)

I'm amazed at how lacking in basic commonsense most people seem to be!
 
Z

zahire khan

Excuse my ignorance?
wat are Carpetbaggers?

Have just heard about this. Does anyone have a website / e mail address for
DS?

Trevor
I entered "David Stonebanks" in Google and at the top was
www.stonebanks.co.uk and on it was his email address
(e-mail address removed)

I'm amazed at how lacking in basic commonsense most people seem to be!
 
D

Doug Ramage

In this context, people who place a small amount of money in a Building
Society etc with the hope of obtaining a windfall should renounce its mutual
status.
 
A

Anonymouse

nick said:
carpetbaggers ahoy!
I have never understood "carpetbagging". If these people want their
financial services to be provided by a bank rather than a building
society, there are already plenty to choose from.

Some might think that they do it because they are nasty money-grabbing
w****rs, but I find it hard to believe that the British would stoop so
low. After all, the Sun is the best selling newspaper in Britain, and I
think that shows the caliber of person who lives here!

Baa!
 
S

Shirl

In this context, people who place a small amount of money in a Building
Society etc with the hope of obtaining a windfall should renounce its mutual
status.
One Building Society insists that you sign, when opening a new
account, that any windfall gained from any takeover, merger, etc.
within five years of your opening an account is paid to charity.
 
D

Doug Ramage

Shirl said:
One Building Society insists that you sign, when opening a new
account, that any windfall gained from any takeover, merger, etc.
within five years of your opening an account is paid to charity.
I think the Nationwide (among others) does this. Not sure about its
enforceability.
 
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S

Stephen Burke

Doug Ramage said:
I think the Nationwide (among others) does this. Not sure about its
enforceability.
AFAIR Nationwide have no time limit, anyone who became a member after the
cut-off date is covered forever. However, the obvious question is, *who* would
enforce it? I.e. if Nationwide itself decided to demutualise, or a bank
offered to buy it, who would or could compel people not to take the money?
 

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