Talk:The Co-operative Bank/Archives/2014
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Paul Flowers, drugs and problems at the bank
The story unfolding here in the UK is prettey important right now. My understanding is this: about a year ago the gov were talking about brining the coop into a more mainstream situation so that we had more banks on the high st and so money is not so clusted up and so there is more competition. However then, almost out of the blue, they were in severe financial difficulties apparantly becuase of the purchange of bad debt from a budiling society, a decision linked to paul flowers, the head of the bank at that time. He got fired/resigned or something, and now he has got caught buying coke. Also, there has been rumour that how he got the job in the first place is not clear - he has just been sacked from the labour party and there seems to be an investigation going on. However - my knowlege is so incomplete and based on heresay I dont' feel up to adding this info. Can anyone help? Anna x — Preceding unsigned comment added by 78.151.240.76 (talk) 17:20, 18 November 2013 (UTC)
There is some stuff here that i found too http://www.bbc.co.uk/news/business-24984680 Anna x
Some quite extensive Paul Flowers material was added to this article by Zhu Haifeng but most of it seemed to be more biographical than specifically appropriate to the Bank. The piece was reverted by Nomoskedasticity, who commented "Certainly does not belong in the lead; some might be appropriate in the body -- determine via discussion on talk page, please". The piece can still be found at the old revision here. Zhu Haifeng has now added a similar piece to the Paul Flowers (banker) article. Polly Tunnel (talk) 12:03, 9 May 2014 (UTC)
Ethical investing
I've clarified that the bank seeks to avoid investing in unethical areas, but does not refuse to invest. See this article here, referencing the coop's investment in arms manufacturer, BAE: http://www.guardian.co.uk/uk/2001/feb/22/richardnortontaylor Please don't keep reverting my edit. -- 82.132.237.115 (talk) 16:21, 8 March 2013 (UTC)
- That article is dated February 2001! Can we get some rather more recent references?--Shantavira|feed me 08:22, 29 May 2014 (UTC)