An Irish woman's social, political and domestic commentary
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Monday, May 31, 2004
BoI share price
As I suspected; Bank of Ireland's share price goes up 4% at the news that their CEO resigned. If the shareholders had liked the guy, he could have been entertaining teenage boys in the boardroom and he'd still have his job. But he visits one website and his declining star goes super nova. AIB share price goes up 2% as the involvement of former CEO's in a tax/share dealing scam operated by the bank itself is exposed. Obviously those who buy shares were really impressed by the bank's ability to reward their executives in an unethical and illegal manner. People get the corporate governance they deserve. Bertie says the people who were involved should be "got, dealt with, whatever"....how statesmanlike, profound and stern. What a leader. posted by Sarah | 21:31 0 comments
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