Just finished The Good Liar by @damedenisemina.bsky.social — a fab read!!
Posts by Angélique Parisot-Potter
It was a superb event!
@damedenisemina.bsky.social thank you for a superb event today at @edbookfest.bsky.social
‘Twas a treat. Enjoying “The Good Liar.” 🙏🏼❤️
@deborahbaker.bsky.social thank you for a thoughtful and insightful conversation today. @edbookfest.bsky.social
‘You’re late.’ One large hand reached out, then withdrawn. His head almost touched the doorway as he came through. She closed the door. ‘This way.’ She pointed to the chair. ‘Don’t speak.’ His curly hair and brown eyes didn’t provide any answers. But the dimples did. ‘You know he’s dead.’ #WriteCBC
#MyFTReadingReview love it!
Massy and McKinsey:
Governance Gone Wrong
Opioid crisis; graft; conflicts
Yet, The Massy Group chooses McKinsey for governance advice.
#Trinidad&Tobago
#MassyShareholders
McKinsey’s $122mn bribery settlement in South Africa is insufficient and insulting.
on.ft.com/3BlCBoq
Thought-provoking - so many parallels with my own experience. In the final section, could groupthink extend the 2nd perspective: collective (naive) delusion and a more complacent, unconscious cover-up? Or is groupthink a separate, 3rd option: pressure to conform with CEO/Chair to maintain consensus?
Is this another CLICO waiting to happen?
Massy wrote off TT$175M – over 50% of our 2023 dividends.
How many losses must Massy shareholders absorb before we demand accountability?
#MassyShareholders #MeetMeAtTheAGM #December2024
FOUR REFORMS:
#1 Transparency: Disclose pay, McKinsey, Delphi, and exit packages.
#2 Say-on-Pay: Let shareholders vote on exec pay.
#3 Pay for Performance: Stop huge payouts for minimal results.
#4 Clawbacks: Recover bonuses tied to failures.
Livin’ Large:
💰Massy CEO: TT$26M (35× the PM’s salary)
💰CFO: TT$2.5M in USD, after 4 months
Massy pays outrageous salaries while writing off TT$175M in losses (NiQuan). Shareholders deserve better.
2️⃣ Shareholders can demand auditors answer questions at the AGM.
In Oct, I asked PwC to address #NiQuan, #Delphi, #McKinsey, and #GoldenParachutes.
Massy is required by law to include this notice.
They have yet to comply.
NO ONE IS ABOVE THE LAW.
1️⃣ Shareholders can submit proposals for the AGM.
In July, I proposed removing Robert Riley as Chairman due to governance failures.
Massy is required by law to include this in the AGM documents.
They refused.
Massy defies shareholder rights.
Shareholder Rights 101: #SayOnPay
“We need look no further than the 2008 market crisis to see how overpaid executives destroyed companies, leading shareholders to ruin while walking away with their own personal fortunes.” – Johnson & Summerfield.
The Massy Group doesn’t want you to know this. 🧵
Banned from Facebook. Again. For challenging Massy and Delphi. Seems like they have friends in high places... 🤔 #corporatecontrol #CoverUp
So I’m new to this. Figuring out after my 2nd ban by Facebook whether I just mosey on over here. Had kind of given up on Twitter for awhile anyway - can’t even call it by its new name.