steve wright

Reader, seeker of conflicting views, whisky drinker, idiot

[James Sherwin-Smith @26Left]

I enjoyed talking to Jeremy McKeown on his #podcast “In The Company Of Mavericks” (@in_mavericks) out today.

We covered
- what it takes to get on the ballot of a #BuildingSociety as a member nominated candidate for director
- what motivated me to give up a huge amount of my time to get this far
- why #mutual societies matter
- what might happen next

You can listen to the pod on Spotify, Apple etc. or online via this link:
https://t.co/ZiJrYa4tKJ

If you’re interested in the stories behind the headlines in #FinancialServices and personal #investing topics, do check out Jeremy’s Substack “#Hypernormal Times”:
https://t.co/PyCmRPJ4fs

[steve wright @stevewright7]

@26Left @PatrickTooher @AskNationwide @DailyMail Would be good to have james on board representing member interests.

[James Sherwin-Smith @26Left]

My thanks to @PatrickTooher for including my question re @AskNationwide’s #FairerShare policy in today’s @DailyMail on Sunday:

https://t.co/PxH2NtfkpG

“James Sherwin-Smith, who hopes to become Nationwide's first director representing members in over two decades, questioned why only a minority of them received payouts.

'Is there a better use or more equitable distribution of members' capital?' He asked.

It’s interesting to note that:
1) following the acquisition of @VirginMoney, #Nationwide paid a one-off Big Thank You of £50 to ~12million (ie 3/4 of Members). But for the last 3 years, it has decided to share profits with 1/4 of Members instead.
2) in 2007, Members were asked to vote on whether to donate >1% of profits to #charity each year. No vote was offered re the Fairer Share.
3) less than 700k Members voted at the last #AGM.

My most recent post on this topic:
https://t.co/bFgWYWERPT

[steve wright @stevewright7]

@Ryanblythmusic @HormuzLetter Oh no it isn’t!

[James Sherwin-Smith @JSS4NW]

My thanks to @NilsPratley writing in @guardian for summarising the key decisions that the Board of @AskNationwide will make before voting forms are distributed to 9.1 million members next month.

Read more here:
https://t.co/J8MLjeJ0b1

#mutual #membership #democracy

[steve wright @stevewright7]

@SantaSurfing Dublin Dundee and Humberside

[Fact @Fact]

Taking a short nap after learning something new can actually help your memory.

[steve wright @stevewright7]

@earthcurated The one on the left is the mango

[steve wright @stevewright7]

@KobeissiLetter Weak dollar is policy. Position accordingly

[steve wright @stevewright7]

@DarioCpx Great work sir.

[steve wright @stevewright7]

@KobeissiLetter Trivial amount but if they were smart they sell before they announce.

[steve wright @stevewright7]

@yanisvaroufakis @DiEM_25 Keep up the good work - great read your book on the crisis and the behind the scenes situation

[steve wright @stevewright7]

@BrianFeroldi Nice analogy

[steve wright @stevewright7]

@abcampbell Fine article thanks for sharing your insights

[steve wright @stevewright7]

@Defence_Index I thought it wasn’t rae earth mining but Rae earth processing that was the issue?

[steve wright @stevewright7]

@great_martis I don’t know how this ends but you have been on the money to date. Great work sir

[steve wright @stevewright7]

@wihtwyrd @TomHCalver Trickle up economics.

[steve wright @stevewright7]

@cooltechtipz Look at me Richie. Look at Pops.

[steve wright @stevewright7]

@great_martis You are on a roll sir!

[steve wright @stevewright7]

@great_martis But he might be!