Monday, Jun 07, 2010
More investor greed to destroy the UK
Guardian: Lloyds shareholders launch £14Bn claim
So, the new government has saved 9Bn - well done people. Let's wipe that out and some more before the oiks get any benefit.
Posted by chrisch @ 09:09 AM (634 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. little professor said...
This Lloyds Action Now 'Shareholder Action Group' is little more than a amateurish scam. Their website's FAQ [pdf] is a joke.
- They are charging £250 (+ 3p per share) for shareholders to register with them, which is non-refundable even if they decide not to go ahead with the case. "To save costs we will not post you a receipt or invoice."
- They will not reveal the grounds for their proposed lawsuit ("because the defendants might be reading this") leaving you with no way to assess the merits of the case. They say because there is a new government they are more likely to get a mediated settlement
- They provide no postal address or phone number, saying they will only communicate by internet or SMS, "to save money" - a classic sign of a fly-by-night scam operation.
- They require you to sign Power of Attorney over to them (no, really!)
Bunch of jokers.
2. 51ck-6-51x said...
LP, I agree, jokers.
IANAL but I seriously doubt this would get the claimants anywhere anyway.