Ralph Whitworth
Ralph Whitworth
Ralph Whitworth, born in Sheffield, UK on 29 May 1924, was a cartoonist for the Sheffield Telegraph...
consistent favor interests lucrative pattern themselves
This is consistent with this board's pattern of disrespecting shareholder interests in favor of entrenching themselves in their lucrative positions.
credulity defies face growing list promised
It defies credulity that they have now disavowed this right that they have promised shareholders. It's just another in a growing list of slaps to the face of their shareholders.
directors interests possible promptly replaced represent sovereign truly
These directors must be removed as promptly as possible and replaced with truly independent directors who will represent Sovereign and its shareholders' interests first and foremost.
advice advise asked richard
I've asked Richard Breeden to advise me on Sovereign.
board directors elected members promptly repeatedly trust
Sovereign's board members have repeatedly breached trust with the very shareholders they were elected to represent. These directors must be removed as promptly as possible.
board deals digest prior swallow vote
There may or may not ever be a vote on these deals, so what we really want is a vote prior to the consummation of them on our board representation. Then if we have to digest and swallow these deals then we have to.
fight
If anything comes out of (the fight with Sovereign) that's going to be fixed.
decision happy moving process
We're happy with the decision and we're happy that the process will be moving forward.