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It is so terrible that Stuart Gulliver and his fat cat colleagues will fire at least 20,000 employees to cover up their destruction of shareholder value and continue to collect fat paychecks. There is clearly something wrong with the governance of a financial institution where this can happen. The best that can be hoped for is that Gulliver will finally travel out of his office and away from HSBC. Maybe he could get hired by the Royal Mail as a delivery boy.
that is true they are doing it.......isnt that meaning dilution. ?? Politicians brains are full of XXX . British Cancellor Gordon Brown destroyed LYG few years ago in a surprise move they made the bank buy the titanic-extint now-HBOS and disolved the capital structure in conspiration with LYG chairman at the time. LYG stock price went from 50 to less than 2. Today LYG is struggling to keep its price above 5.