David O'Hara, Founder of Blackthorn Focus, accepted an invitation to speak at a recent meeting of the Financial Services Club at the Institute of Directors on May 21st.
Mr O'Hara was invited to provide the shareholder's perspective on the financial crisis and suggest measures that could be taken to reduce the possibility of such a sequence of events occurring again.
"I'd like to thank Chris Skinner of the Financial Services Club for giving me this platform. There were clearly a number of causes of the financial crisis. However, it would be wrong to say that shareholders had no-one to blame but themselves. Some of the institutions that got into the most difficulty were, until the crisis struck, very successful businesses."