Thread: Banks!
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Old 16-10-2008, 17:46   #92
steeljack
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Re: Banks!

Quote:
Originally Posted by jambutty View Post
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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Was there not something like this a few years back with LLoyds of London , (the insurance brokers) seem to remember that more than a few had to dig deep into their pockets to come up with funds to cover some big claims , think the boxer Henry Cooper got his fingers burnt .
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