I suppose that three years of underperformance and not meeting promised targets had nothing to do with their current predicament.
Onésimo Alvarez-Moro
See article:
Rijkman Groenink, chief executive of ABN Amro, faced a Dutch court on Saturday as “a lawyer for his own company” to claim that the biggest bank in the Netherlands had become a “toy for hedge funds”.
His extraordinary outburst came as the bidding battle for ABN reached a climax two months after The Children’s Investment Fund, an activist hedge fund, began agitating for a break-up of the 183-year-old bank.
Part accusation, part apology, Mr Groenink’s words capped five hours of high drama during a rare weekend hearing of the Amsterdam Enterprise Chamber.
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