Page "Building society" Paragraph 19

" ... the paradox of the Abbey members who campaigned against flotation to a Plc bank of their building society.

They were fighting to preserve a degree of accountability to the membership which the management of the Society patently did not feel.

For incumbent management, the contrary views of some of their members were not matters to be weighed in the balance and taken account of in formulation of policy.

They were a nuisance to be dealt with by the costly use of public relations advisers and legal processes ".