Tuesday, April 28, 2009

Shoe-throwing, banker-ishtyle

Fortis shareholders revolt at meeting

The Chairman of Fortis Bank halted Tuesday's crucial shareholder meeting temporarily after angry investors called for his resignation. Fortis was rescued by the governments of Belgium, Holland and Luxembourg in September 2008. Shareholders were upset about a proposed sale of the firm's Belgian assets to French bank BNP Paribas. Shareholders grew angry, shouting "resignation" and throwing shoes and coins at the chairman

Posted by little professor @ 03:11 PM (1059 views)
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