yeah on friday i was down 1400 then ten minutes later cashed in a 400 profit ,mad . think i am going to make lots of small bets on the peaks and troughs . Made about 200 trades on IG last week but made 5k
Rastus they may not be monthly board meeting that is kinda irrelevant, some companies monthly some bi monthly some every quarter . NMC did have regular board meetings to sign off the business thats the point .
So Rastus We got Mark Tompkins and experienced investment banker (chairman no less) ,dont tell me he did not know every scam and rule going the chairman acts as the policeman controlling the CEO . We got Bomford ex EY ,their guy on the board ,trust me these guys new nothing about the 2.7b extra loans .IMO Usually a QC or lawyer or investment banker accountant .
rastus How big were the companies you were an exec on and did they borrow sack loads of money . When you sat on the board you passed the financials every time you attended a board meeting . You borrow loads of money the banks like investec sit on your board and get copies of the board papers its kinda what investment banks do !
Rastus If the company secretary signed off like you suggest, he would have to be pretty stupid not to have it raised at the board meeting and in the board pack which is sent to all major loan holders banks "fact" enough said . Part of the the terms from other banks includes attending board meetings and receiving the board packs to check on their loans . Board packs are kept as evidence by banks. Major company like this would also have a QC or top lawyer on the board. If not i guess it would again be fraud as our board have no knowledge of the loans . Yeah i sat on a Ltd company board for years .