Daily Telegraph: Fidelity shows Shell how giants can care for small investors
“Any complacency about rising standards in the City would, however, be misplaced. Shell’s half-hearted climbdown this week demonstrates that many boardroom fat cats continue to regard individual shareholders with disdain.”
(Filed: 24/09/2005)
By Ian Cowie, Personal Finance Editor
Small investors are often treated shabbily by big institutions but, as our award-winning consumer champion Jessica Gorst-Williams observes, “sometimes the power of the press can help.” Her painstaking work reminds us that there is more to journalism than persecuting drug-addled pop stars and their model girlfriends.
Any complacency about rising standards in the City would, however, be misplaced. Shell’s half-hearted climbdown this week demonstrates that many boardroom fat cats continue to regard individual shareholders with disdain.