credit unions obtaining credit unions and their assets and do not offer to pay one cent for them
wanting someones elses assets and business goodwill future and not willing to pay for them, is not good business in a commercial world,especially for shareholders and investors and clients
especially when the proposed takeover organiseation says it may not repay investment shares at issue value--yet alone any lost earnings on the shares held
there are changes coming to aussie financial and company law
one reason being directors and ceo taking control of a company--versus the organiseation and membership wishes authority consent knowledge
one area of controversy is that directors ceo are not willing to be seen as servents and employees of an organiseation--so what are they--owners ?
even directors cant decide what they are--its a grey area of law that needs cleaning up
Tuesday, May 31, 2011
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