Perhaps you are not aware of the difference between "share-holders" and "savers" in guaranteed accounts.
Perhaps you are not aware of the difference between "share-holders" and "savers" in guaranteed accounts.
If I had my way the only telephone numbers the banking executives would be interested in would be their lawyers.
In article , JohnR writes
How would companies raise capital if no-one invested in shares? Borrow from banks, as private companies do? Taking loans that are funded by savers. That, I presume, would qualify savers as vultures.
How much did these actually people pay for demutualisation shares?
How much have they actually lost?
Companies have several options available, it doesn't negate the fact that share dealing is speculative gambling and bank savers are customers. I guess if you wriggle enough you could claim savers are gamblers because the bank might go bust.
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