2007-08-20 05:52:09 · 3 answers · asked by callaghanmar 1 in Business & Finance ➔ Investing
You missed it = that was 10 years ago ..
.. maybe a few more will go public in about 5 years time (when the current panic about 'sub-prime' loans and reclaiming bank charges is over ...)
2007-08-21 04:27:11 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
Building societies who do not want to demutualise, have now learnt their lesson. before they take you on, they require you to agree that in any such event, any windfalls will be donated to charity.
And about time too. Mutual building societies were a wonderful British example of institutions working for the benefit of their members at no profit to themselves. Why destroy them and throw them open to private greed? We have enough banks to cater for that.
2007-08-24 11:54:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I did it with the Nationwide years ago and they're stilll hanging on in there!
2007-08-20 12:59:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋