Paul Murray/Ronnie Esplin

[North Rd 2,860]

M/M: 'surprised' by statement 'which seemed to suggest that any agreement was conditional on a 'vote of confidence' in the current board'

Chris Jack ‏@Chris_Jack89 4m

McCall/Murray: 'We wish to make it clear that this is contrary to our understanding of the agreement we had with the board.'

[Big Al 55 9,252]

Statement is up somewhere but I can't find it...anyone?

[Bertent 2,081]

Who are these 'office bearers' you speak of? Hint, there are four.

Dont you know your names?

[Big Al 55 9,252]

All directors are to place themselves up to be voted on or off the board apparently

[Edmiston Drive 3,846]

Until you seen his references and asked about the oldco

This is what Zippo said at 2:17 today..............I'm not sure because I honestly have no idea what all PM was actually involved in during his previous 4 year spell as a non-exec on our board.

[Big Al 55 9,252]

McCall/Murray group: 'all directors, both existing and new, have to offer themselves up for re-election at a vote at the AGM'

[Big Al 55 9,252]

"Believe that proposed changes will make board more effective/balanced, it's for shareholders to vote on re-election of directors at AGM."

[Big Al 55 9,252]

Suspected it was a transitional phase. So ultimately the shareholders will decide the make up of the board...as it should be.

[North Rd 2,860]

https://twitter.com/...3668992/photo/1

sorry, only one i cld get just now.

[Edmiston Drive 3,846]

It's just a personal opinion based on the sort of experience and expertise that he'll have on his CV. I think if someone completely neutral on the subject of Paul Murray was conducting interviews for our non-exec director positions, then Paul Murray would stand a very good chance of being a successful candidate.

Quote from you on this thread at 2:17.......I'm not sure because I honestly have no idea what all PM was actually involved in during his previous 4 year spell as a non-exec on our board.

[Big Al 55 9,252]

[Zappa 358]

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported unaudited figures for the fourth quarter and full year 2008 in line with its pre-announcement on 14 January 2009.

For the full year 2008, the bank reported a net loss of EUR 3.9 billion and a loss before income taxes of EUR 5.7 billion. Diluted earnings per share were a negative EUR 7.61, compared to positive EUR 13.05 in 2007. Pre-tax return on average active equity, per the bank’s target definition, was negative 20%, versus positive 26% in the prior year. The Management Board and the Supervisory Board have recommended a dividend of 50 cents per share, compared to EUR 4.50 per share for 2007. The Tier 1 capital ratio, reported under Basel II, was 10.1% at the end of the year, compared to 8.6% at the end of the prior year (reported under Basel I). Tier 1 capital at the end of 2008, reported under Basel II, was EUR 31.1 billion, compared to EUR 28.3 billion at the end of 2007 (reported under Basel I).

For the fourth quarter 2008, the bank reported a net loss of EUR 4.8 billion, compared to net income of EUR 1.0 billion in the fourth quarter 2007. The bank reported a loss before income taxes of EUR 6.2 billion, versus income before income taxes of EUR 1.4 billion in the prior year quarter.

Dr. Josef Ackermann, Chairman of the Management Board, said:

“We are very disappointed at our fourth quarter result, and at the consequent full year net loss in 2008. Operating conditions in the quarter were completely unprecedented, and exposed some weaknesses in our business model. We therefore are repositioning our platform in some core businesses.”

That was at the height of the financial crisis and was an unprecedented period in recent decades for banks all over the world. Most of the major banks were lucky to survive that period and indeed, many of them only managed to survive because of bail-outs, so it's a bit of a poor show to suggest the Deutsche Bank performance during that period shows anything in particular about Paul Murray's abilities.

[Edmiston Drive 3,846]

Strange mccolls group................Oasis, The Blue Nile , Fitz and the Tantrums.....................he should name his group and the members of this group re shareholding backers.

[Edmiston Drive 3,846]

That was at the height of the financial crisis and was an unprecedented period in recent decades for banks all over the world. Most of the major banks were lucky to survive that period and indeed, many of them only managed to survive because of bail-outs, so it's a bit of a poor show to suggest the Deutsche Bank performance during that period shows anything in particular about Paul Murray's abilities.

That was at the height of the financial crisis and was an unprecedented period in recent decades for banks all over the world. Most of the major banks were lucky to survive that period and indeed, many of them only managed to survive because of bail-outs, so it's a bit of a poor show to suggest the Deutsche Bank performance during that period shows anything in particular about Paul Murray's abilities.

[CanadianBacon 2,088]

Why would I need a lawyer? Sandy was jailed after police found £45,000 in a carrier bag behind his settee.

One of them (Sandy) did fall foul of a VAT case - but you said "Easedales" (plural) and thus inferred that they both had money in plastic bags.

I'd doubt the other brother would be chuffed at such accusations.

As stated......I hope you've got a good lawyer.

[North Rd 2,860]

let the Shareholders Decide, the way it should be................

[Big Al 55 9,252]

Strange mccolls group................Oasis, The Blue Nile , Fitz and the Tantrums.....................he should name his group and the members of this group re shareholding backers.

Give him a phone.

[Edmiston Drive 3,846]

Give him a phone.

Skyped my pal and asked him to pop down to the Hotel de Paris and ask the runt.

[Big Al 55 9,252]

Why do I feel so underwhelmed?

Our board will now be decided in an X Factor style competition.

Alternatively answerable to the shareholders, isn't that the way it should be?

[Young Bob 1,360]

let the Shareholders Decide, the way it should be................

Yeah. I still assumed after the Boards statement that all directors would be up for re-election at the AGM. I actually thought it was mandatory? If not and the Board don't agree an EGM should take place.

[Big Al 55 9,252]

Skyped my pal and asked him to pop down to the Hotel de Paris and ask the runt.

Who's that? Mike

[North Rd 2,860]

HAHA........

Just seen this: X Factor Comes to Ibrox

Why bother with an agm, simply text the number of your favourite board member (the lines are now open)

[Cherster Perry 1977 18]

Why do I feel so underwhelmed?

Our board will now be decided in an X Factor style competition.

Is the real story here not that the two camps have issued contradictory statements?

[Edmiston Drive 3,846]

Who's that? Mike

Don't be silly................phew.

[Bad Robot 21,152]

Why do I feel so underwhelmed?

Our board will now be decided in an X Factor style competition.

Is that not the same for every AGM in all companies ?