BP – an unethical investment

Thursday’s Annual General Meeting of BP in London was a lively affair. It seems that some shareholders, who have travelled a great distance to attend the meeting, were not allowed in; that is a disgrace and contrary to the rules governing AGMs. Directors of huge multinationals like BP insulate themselves from the shareholders they serve. The only opportunity that an ordinary shareholder has to see a director and ask questions is the AGM. Large funds get whatever access they need to directors of BP. A shrimp fisherman who has bought a few shares to attend the AGM and travelled from the Gulf of México is ignored, rather like the former Chief Executive of BP who said that he would quite like to get his life back, to which someone responded they would like to get the life of a brother back. Continue reading