Damn right! - Man hits one banker with one or more eggs but misses another

boardinwork · 13-05-2009 12:53PM #1

One of Ireland’s top bankers was pelted with eggs today as hundreds of angry shareholders attended a meeting.

Dermot Gleeson, chairman of Allied Irish Bank, ducked to avoid the missiles just moments after addressing an emergency general meeting at its banking centre in Dublin.

Pensioner Gary Keogh, who was removed from the building, said he was extremely angry after losing his pension in the economic downturn.

“The whole board should be replaced by Mickey Mouse and Donald Duck,” he said.

“We should go to Disneyland and Paris.”

Mr Keogh, 66, from Blackrock in south Dublin, said he felt compelled to throw the eggs after Mr Gleeson tried to speak over another shareholder.

Mr Keogh said: “For the last number of years we have been told to put our money into the banks – now we have no pensions.

“I have no pension. My pension now is wiped out because of AIB. I cannot sell the shares because they are useless.

“I will be here next year if I can’t sell my shares at a reasonable price.”

Mr Keogh, an investor in AIB for 20 years, said that, although he enjoyed some good times as a shareholder, he had not enjoyed it as much as this morning.

He admitted he came to the EGM armed with the eggs and would have done the same at the Bank of Ireland shareholders’ meeting had he been invited.

Hundreds of angry shareholders packed Allied's banking centre for the EGM, where they will later vote to ratify the Government's €3.5bn recapitalisation plan.

javaboy · 13-05-2009 12:55PM

If the shareholders had held the bankers to higher standards over the years, these kind of childish theatrics wouldn't be necessary.

Caoimhín · 13-05-2009 12:56PM

Can I throw eggs at Paddypower because I lost a tenner on the 3.30 at Punchestown?

tony1kenobi · 13-05-2009 12:58PM

The old bastard has enough money to throw good eggs away. He needs a few slaps himself.

My name is Mud · 13-05-2009 12:59PM

What a cracking story.

faceman · 13-05-2009 01:04PM

To be fair, the top dog in AIB is stepping down, admits they got it wrong about property and will get a cushy pay off.

It didnt take a genius to work out where property was going.

As a result of their incompetence, many pensions are at risk and/or worth feck all. Many jobs have been lost and are at risk too.

And all they hit him with was an egg.

holly1 · 13-05-2009 01:04PM

The wa***rs are left with egg on their face!!!

Whiskey Devil · 13-05-2009 01:08PM

tony1kenobi wrote: »

The old bastard has enough money to throw good eggs away. He needs a few slaps himself.

Exactly. :pac: Tough **** old man - no sympathy for shareholders whatsoever.

ScumLord · 13-05-2009 01:08PM

Should have thrown bricks and set the place on fire. Down with banks!

Nichololas · 13-05-2009 01:34PM

Kinda sounds like he just wants to throw eggs at somebody. Disneyland, indeed.

niceirishfella · 13-05-2009 01:37PM

Was it even a rotten egg?

genericguy · 13-05-2009 01:38PM

My name is Mud wrote: »

What a cracking story.

fail.

mcauley · 13-05-2009 01:41PM

Was that the best he could do?

Surely a cinder-block would have been more effective?

Aidric · 13-05-2009 01:43PM

faceman wrote: »

It didnt take a genius to work out where property was going.

Yep, putting all their eggs in the one basket was a bad idea. It's the 'poor' shareholders who have been fried on this one.

niceirishfella · 13-05-2009 01:44PM

mcauley wrote: »

Was that the best he could do?

Surely a cinder-block would have been more effective?

Or a Granade?:)
I'll tell you this much..........they were lucky he was just a weeee bit of an olde CRAZY man, and not a Gun Wielding old Nutcase............could have been world news if he had to take out a semi and wipe out the board.:eek:

Rebelheart · 13-05-2009 01:47PM

The guy who threw the eggs in question is talking to that Joe Duffy guy on RTÉ 1 this second.

Mr.Lizard · 13-05-2009 01:47PM

They've no pension yet they can afford to be throwing expensive eggs around? I call decadence on them!

I guess Mr.Keogh didn't read the small print about share price can go down as well as up?

mcauley · 13-05-2009 01:49PM

Rebelheart wrote: »

The guy who threw the eggs in question is talking to that Joe Duffy guy on RTÉ 1 this second.

He's a local hero now. . .next he'll be driving through the doors of Montrose a lá Paul Stokes. . .:D

jimmycrackcorm · 13-05-2009 01:49PM

where were all the people offering to cook eggs benedict breakfasts for the CEO at the AGMs when the share price was at an all-time high?

mercuroman · 13-05-2009 02:22PM

Excuse me for being pedantic but the banker was not 'pelted' with eggs as they, in fact, did not hit him.

Mr.Lizard · 13-05-2009 02:33PM

mercuroman wrote: »

Excuse me for being pedantic but the banker was not 'pelted' with eggs as they, in fact, did not hit him.

I guess the yolk's on them then.

6th · 13-05-2009 02:34PM

Whiskey Devil wrote: »

Eggactly. :pac: Tough **** old man - no sympathy for shareholders whatsoever.

FYP.

Tom Cruises Left Nut · 13-05-2009 02:44PM

niceirishfella wrote: »

could have been world news if he had to take out a semi and wipe out the board.:eek:

Good advert for Viagra if the oul fella had managed to get out his semi :pac:

hblock21 · 13-05-2009 02:48PM

Whiskey Devil wrote: »

Exactly. :pac: Tough **** old man - no
sympathy for shareholders whatsoever.

He's most concerned that his pension was totally wiped out! Not about his few shares. You know that could be anyone, your father, mother, grandparents, all because of the greedy banks.

tech77 · 13-05-2009 02:52PM

That Gleeson is some yolk.
By all accounts, he scrambled for cover.
Are BOI still trying to poach him.

This thread reminds me of the Histor's eye sketch on TMWRNJ.
The puns can only get worse.

TheZohanS · 13-05-2009 02:52PM

Yes the banks were greedy but so were the shareholders.

Shares are high risk, all shareholders knew this.

How many of them were giving out when the share values were rising?
None.

Rebelheart · 13-05-2009 03:04PM

mercuroman wrote: »

Excuse me for being pedantic but the banker was not 'pelted' with eggs as they, in fact, did not hit him.

The egg thrower, young Keogh, said with pride that he had in fact hit Gleeson but lamented that he missed Sheehy with the other egg. Check that Joe Duffy show on the RTÉ website. He was quite the showman, until some working class guy came on and told him, basically, that this is what you get for gambling.

bladespin · 13-05-2009 03:07PM

They seem to have forgotten: the value of your investment may fall as well as rise :rolleyes:

mercuroman · 13-05-2009 03:40PM

Rebelheart wrote: »

The egg thrower, young Keogh, said with pride that he had in fact hit Gleeson but lamented that he missed Sheehy with the other egg. Check that Joe Duffy show on the RTÉ website. He was quite the showman, until some working class guy came on and told him, basically, that this is what you get for gambling.

Yet again, apologies, but "pelted" would denote a succession of hits rather than one hit

Snowie · 13-05-2009 03:44PM

whats wrong with these people they should of thrown there shoes

Ulysses Gaze · 13-05-2009 03:45PM

They seem to have forgotten: the value of your investment may fall as well as rise

True.....but the banks seem to have forgotten about prudent diversification of portfolios. So investors have expect banks to be more prudent with their hard-earned.

Lending recklesly to builders to build houses and commercial buildings and then lumping pensions into property portfolio's is hardly diversification and yeah, people have a right to be angry.

The Irish psychosis for property is going to cost the whole economy dearly for at least a generation.....

And the banks are a major player in this....

Damn right! - Man hits one banker with one or more eggs but misses another

Comments