Comments on: Bankers Bonuses An Incentive To Fail? http://www.moneywell.co.uk/blog/general-financial/bankers-bonuses-an-incentive-to-fail Personal Finance Guide Thu, 18 Mar 2010 09:58:35 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Sid http://www.moneywell.co.uk/blog/general-financial/bankers-bonuses-an-incentive-to-fail/comment-page-1#comment-27941 Sid Wed, 11 Feb 2009 00:46:05 +0000 http://www.moneywell.co.uk/blog/?p=354#comment-27941 FatherB Thanks for your comments. I wasn't meaning to be critical of small shareholders. I agree the small shareholder knows far too little about what their company is doing but the large investors such as pension funds are better informed and should have people delving as deep as possible into what is really going on behind the scenes. They themselves represent thousands of investors and have a responsibility to ensure their money is invested wisely. My complaint was about them simply accepting the party line and not wanting to question the management. I have every sympathy with the small shareholder who I feel is left out of the loop. FatherB
Thanks for your comments. I wasn’t meaning to be critical of small shareholders. I agree the small shareholder knows far too little about what their company is doing but the large investors such as pension funds are better informed and should have people delving as deep as possible into what is really going on behind the scenes. They themselves represent thousands of investors and have a responsibility to ensure their money is invested wisely.
My complaint was about them simply accepting the party line and not wanting to question the management.
I have every sympathy with the small shareholder who I feel is left out of the loop.

]]> By: fatherb http://www.moneywell.co.uk/blog/general-financial/bankers-bonuses-an-incentive-to-fail/comment-page-1#comment-27924 fatherb Tue, 10 Feb 2009 19:54:07 +0000 http://www.moneywell.co.uk/blog/?p=354#comment-27924 nice post Sid. Agree with pretty much everything. Although, I think you put too much blame on shareholders. Shareholders have to trust that the companies they invest in are being truthful and honest in their dealings. The very opposite has been the case recently. Pension funds and the like are investing in many hundreds of different companies; they can't be asked to run the companies for them as well. I remember watching the 2008 AGM results of RBS live and seeing Fred and the others tell everyone that there was no more exposure to bad debts and that everything was rosy looking forward. The deal with ABN was a great deal and that no-one should worry. How much they lied. In fact so many lies were told that day, it is a wonder those accounts haven't been delivered to the police as fraudulent documents. To blame shareholders when all they have to go on is the accounts information presented to them is a tough call. nice post Sid. Agree with pretty much everything.

Although, I think you put too much blame on shareholders. Shareholders have to trust that the companies they invest in are being truthful and honest in their dealings. The very opposite has been the case recently. Pension funds and the like are investing in many hundreds of different companies; they can’t be asked to run the companies for them as well.

I remember watching the 2008 AGM results of RBS live and seeing Fred and the others tell everyone that there was no more exposure to bad debts and that everything was rosy looking forward. The deal with ABN was a great deal and that no-one should worry. How much they lied. In fact so many lies were told that day, it is a wonder those accounts haven’t been delivered to the police as fraudulent documents. To blame shareholders when all they have to go on is the accounts information presented to them is a tough call.

]]>