Introduction                   

1. Summaries

1.1 One Paragraph

1.2 One Page

 

2. Family History

2.1 Parents

2.2 As a boy

2.3 Death in family

 

3. Demutualisation

3.1 Share offers

3.2 Halifax advice

3.3 Application

3.4 Stonewalling

3.5 Rejection

 

4. Appeal

4.1 Letters

4.2 Court Case

4.3 1999 AGM

4.4 2000 AGM

4.5 Case Review

4.6 Conclusion

 

5. Other Sites

5.1 UNHAV

5.2 ASA Complaints

5.3 FSO

5.4 Other Sites 

 

6. Press

6.1 Daily Telegraph

6.2 The Express

6.3 The Times

6.4 Other

 

7. Halifax/HBOS

7.1 About HBOS   

7.2 Group Sites

7.3 Personnel

7.4 Halifax Virus

7.5 Other

Halifax / HBOS Demutualisation Experience and Dispute

 

2. Family History

2.2 As a boy

Our parents were honest decent folks who brought both my brother and myself up well, teaching us the difference between right and wrong.

While my father worked in Central London for a modest wage, my mother worked nights at a local hospital and also performed tailoring repairs for a local shop to buy my brother and myself those extra treats which otherwise we could not have afforded.

We were also taught the virtues of saving; my parents never borrowed money and we were taught the same (with the exception of a mortgage). We were both always encouraged to save, and my mother in particular was always saving what she could in her Halifax Building Society account.

Largely as a result of encouragement from my mother, I passed my GCE 'O' and 'A' levels and went on to read Electronics at Southampton University. After spending three years in the electronics industry as a design engineer, I changed career and became a qualified accountant.

Both my brother and myself are deeply indebted to our late parents for everything that was done for us, though regrettably like most children we only came to really appreciate everything later in life.

And so it was from a very early age we came to respect the Halifax Building Society - it was almost one of the family, a society you could trust. But all this was to change in such a way we could never have foreseen.  I know for certain that if my late father had known about the events that were to take place, he would have been dismayed and shocked.

 

 

 

 

 

Page created on 26 June 2002, last updated: 22 October 2006 22:54

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