Shareholders don´t need to boo. How about a vote to throw out the senior management.
Believe me, they can find better bankers to run their company quite easily.
Onésimo Alvarez-Moro
See article:
Angry shareholders booed the chairman of Societe Generale
The showdown came at an annual general meeting five months after SocGen shocked the banking world by unveiling $7.7 billion in trading losses which it blamed on unauthorized stock markets bets by a junior trader, Jerome Kerviel.
"Who do you take us for?" said private shareholder Jean Richard, to rounds of applause followed by boos for Chairman Daniel Bouton, who stared sternly ahead from the podium.
See full Article.
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