16-10-2008, 17:37
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#91
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Resident Waffler
Join Date: Jun 2004
Location: Accrington, Hyndburn
Posts: 18,142
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Re: Banks!
Quote:
Originally Posted by jambutty
Another note to shareholders – when you bought shares in a company you became part owner of that company. As part owner you are entitled to a share in the profits but the other side of the coin is that you are also responsible for any losses that you should make good.
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That's a very interesting point.
As for being dischuffed that there aren't going to be any dividends - how naive can they be? If the banks they had invested in had gone bust there wouldn't have been any shares at all never mind dividends! 
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