Video footage of Allied Irish Bank's shareholder meeting where angry shareholders expressed their disappointment at the financial institution's board.
Shareholder bitterness at poor lending decisions was manifest when Gary Keogh, a shareholder at the Allied Irish Bank threw eggs at the board members at its 2009 AGM.
The bank which was once renowned for its regular dividend payments, attracted a strong income-stock dependent clientele, especially pensioners, has seen its stock drop by more than 95% in the past year.
The pained outburst of Mr. Keogh is a physical demonstration of the trauma investors face when boards fail, not simply to perform, but also to communicating in a credible and contrite manner the circumstances that led to the slip.
One cannot help noticing how Niyi Meka Olowola, Oando's Head of Corp Comms, is nodding in approval. Maybe Goldman Sachs can learn lessons.04:47:49 PM January 25, 2012from HootSuite
Twitter: CustomsStreet
