Skip to main content

Who Throws A Shoe?

  • Author:
  • Updated:

Fortis shareholders throw a shoe!

Fortis's extraordinary meeting had to be adjourned on Tuesday after angry shareholders raided the stage and threw shoes at the management.
Mischael Modrikamen, an activist lawyer representing 2,300 small shareholders in the once-dominant banking group, is hoping to scupper the planned sale of Fortis Bank to BNP Paribas, the French bank, in favour of recreating a Belgian financial champion.
Management including Jozef de Mey, chairman, faced several calls to resign from angry shareholders.

Fortis Rebels Disrupt EGM


Hank Greenberg Wins AIG Case, Snowball Does Not Get A New Pair Of Shoes

A judge ruled in Greenberg's favor but not in the monetary sense.