Former members of the Newcastle-based mutual NIB should be outraged that JP Morgan has transferred $36 million of their value to a small group of its institutional investors as part of the demutualisation process, writes Stephen Mayne.
Former members of the Newcastle-based mutual NIB should be outraged that JP Morgan has transferred $36 million of their value to a small group of its institutional investors as part of the demutualisation process, writes Stephen Mayne.