Beyond The Commons

 Beyond The Commons

Aaron Wherry covers all the goings-on in and around Parliament Hill. Follow Aaron on Twitter: @aaronwherry

Categories: Beyond The Commons, Capital Read

What are bank proxies?

by Aaron Wherry on Monday, February 23, 2009 9:03pm - 4 Comments

Good question from an astute reader.

Upon further review, Mr. Ignatieff may have referred to “record bankruptcies” with his first question today. But the early House transcript recorded his comment as “record bank proxies.” And, quite frankly, it’s more entertaining to think he actually did lament a sudden surge in banking by proxy.

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  • Critical Reasoning

    And, quite frankly, it’s more entertaining to think he actually did lament a sudden surge in banking by proxy.

    Why, yes. It’s delightfully entertaining. How very droll. Can we go back to talking about Iggy and torture again? ;-)

  • Sisyphus

    Uh , it’s just that most shareholders can’t afford to show up for the model democracy exercise called the Annual Meeting. Thus the exponential increase in mail-in votes.

    • Mike T.

      or conversely, banks are so afraid for their livelihood they aren’t showing up for the meetings in which they are the shareholders!

      • archangel

        Nah, you’re all wrong. Bank execs are so rich (with your money), they hire doubles to run things while they spend ALL their time on yachts in the tropics. And you people carp about taxes. Pathetic.

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