Please DAG - what is the latest news?

  • Anonymous
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Posted: Thu, 14/05/2009 - 18:26

DAG's "Latest news from the Strategy Team" that appears above every posting has not been updated for some time and is surely no longer "latest" news.

Has the Strategy team held discussions with the IoMG and/or LP regarding improvements to the SoA? Is DAG waiting for the 19th May meetings before taking any further action? Please let us know -a short update would suffice. Note that the LP's last update was posted 3 weeks ago and we're all very much in the dark!

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in flights?

  • dans le merde
  • 14/10/08 31/05/09
  • a depositor
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  • Sat, 16/05/2009 - 08:36

does anyone know what has happened regarding the court case,i persume it was negative.
thanks


THE RAT SMELL IS GETTING STRONGER

  • conned
  • 13/10/08 n/a (free)
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  • Fri, 15/05/2009 - 17:45

How I see this, and I hope I am wrong. The SOA is going to be declared as winning the vote and because of the chaos created by late documents and changing the details on the SOA (moving goalposts ring a bell) causing the voting date to be delayed, we will not be able to prove the vote was for the DCS. Trussed up stuffed and barbecued?


@conned: I don't follow your logic.

  • follow_the_tao
  • 11/10/08 31/05/09
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  • Fri, 15/05/2009 - 18:18

To me we appear to be walking through a minefield.
The only solution is the detailed, persistent, and well reasoned and played work of the DAG teams at the moment.
We might have enough votes, that is enough votes to scotch the SoA outright. Our support can be seen to have been disadvantaged for the vote. Think of football, we have the chance to take a free kick or penalty, but we would be silly not to 'play on' if appropriate.

The situation we face is ugly, no doubt through a mix of unfortunate circumstances, incompetence, and outright cynical ploys. Situations like these require that we out-think them, and look and stay with the fact that right lies with us. It's a government that's playing, it might be reasonable to think of the story of 'David & Goliath'. If I remember the outcome correctly.............

What DAG needs now is support.


Have a look here ..

  • Julienne
  • 16/10/08 31/08/09
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  • Fri, 15/05/2009 - 09:14

You may find what you are looking for here :- http://chat.ksfiomdepositors.org/blog-entry/dst-update-14th-may-2009

I also had an e-mail with the same update

Hope this helps - -

However it only seems to indicate the waters get muddier and muddier -- the IOMG just cannot be trusted - nor can MS or seemingly anyone over there who has been dealing with this mess -- beats me how they an get their sums wrong - and now they are changing the date of vote counting - and that is before we are supposed to approve their SoA - just imaging what they willl be doing if we agreed to it!!!


Who actually counts the votes?

  • dclf1947
  • 10/10/08 31/08/09
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  • Fri, 15/05/2009 - 13:15

With all the cock-ups lately how do we know that the count will be correct or fair? Who counts the votes?


The votes are counted by

  • steveservaes
  • 13/10/08 31/05/09
  • unspecified
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  • Fri, 15/05/2009 - 15:15

Tony Brown, Alan Bell and John Aspden..


You are joking !!

  • merlina
  • 26/01/09 01/06/09
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  • Fri, 15/05/2009 - 16:12

Oh please tell me you are joking !


You are joking !!

  • Anonymous
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  • Fri, 15/05/2009 - 17:11

I understand that the counting will be done by our bank's staff.

I do not know if these are the same staff who helped the liquidator P. compile his figures for the balance sheet, made an adding mistake of almost £400million in the total, propagated the mistake, then when they corrected it in a new version left the propagated error unchanged, then corrected the balance sheet again having found a further error of £128million. I hope not.


No laughing matter

  • manx-person
  • 17/10/08 31/05/09
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  • Fri, 15/05/2009 - 20:29

I've been involved in scrutineering proxy votes before - Its quite a tricky task in my experience. Its one of those things that when you are doing it you are glad its wasn't your first time.
In fact there are a lot of issues to consider such as admissibility of faxed proxies, late votes partially completed proxies.
Quite a job.


@manx-person: Surely. Observers?

  • follow_the_tao
  • 11/10/08 31/05/09
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  • Fri, 15/05/2009 - 22:29

Errors are made. Processes go awry.
Insitutional bias is the danger here, guidance as to how to deal with marginal cases.
That is what observers and audits exist for.
Our observer?


My point was that it is a

  • manx-person
  • 17/10/08 31/05/09
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  • Fri, 15/05/2009 - 23:28

My point was that it is a difficult job as a neutral party, I am sure its even more difficult if ones was partisan.
On the face of it I can't see why MS should have any bias - I didn't see the performance at the roadhshows though.
I am not sure what the provisions are for scrutineering and declaration of vote counts, although I know there are a few SIPs on this matter.
Stephen Davies QC makes some interesting points in "The Modern Law of meetings"
But I think that literary references to the Mikado may be more appropriate !


oh god...

  • hippychickrobbed
  • 03/11/08 31/05/09
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  • Fri, 15/05/2009 - 15:24

oh god, wonder what the result will be..


Reply to Julienne

  • Julie
  • 03/12/08 14/07/09
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  • Fri, 15/05/2009 - 09:46

What do you mean if we agreed to it. Do we all believe that we do actualy have a vote and the SoA is not already a done thing. My vote is with DAG BUT?????????????????


Hi Julie

  • Julienne
  • 16/10/08 31/08/09
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  • Fri, 15/05/2009 - 10:18

Nothing is a done deal until the fat lady sings -- and if you have a look at the latest update it would seem that by voting through DAG at discretion Class 2 will probably defeat the SoA.

My understanding of the system if one of the classes votes it OUT then it's OUT -- (please correct me if I am wrong here) this then leaves the door open for a number of different options depending on whether the IOMG / T want to put anything else to increase their offer on the table. If they don't we go to liquidation straight away.


Re: Update from DAG

  • Anonymous
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  • Thu, 14/05/2009 - 21:00

I would also like to know if this voting form mail foul-up is going to be challenged or is DAG only planning on doing so if the outcome favours the SOA?


Hi undone

  • Julie
  • 03/12/08 14/07/09
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  • Fri, 15/05/2009 - 10:45

You can bet IOMG will if it does not go through


@julie: It would be interesting to see them try.

  • follow_the_tao
  • 11/10/08 31/05/09
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  • Fri, 15/05/2009 - 19:12

Let's assume that our constituency is the one disadvantaged. With the situation at the moment the Deputy Deemster would have to Law upside down whilst relocating the Court to Wonderland in order to be able to proffer his support to the IoMG. There are limits to, and risks associated with, 'bending' the law too much.

The primary recourse here we have is our lawyers. The next would be publicity. We need to watch this situation like hawks and be ready and prepared to squawk very loudly and effectively if the situation you might, playfully, be suggesting comes about. The more ridiculous they make the situation the better chance we have. And so far they have managed to make virtually a total hash. It really depends upon how ugly and cynical they are prepared to show themselves, and what we can do to publicise their behaviour. TINA.


Reply to follow_the_tao

  • Julie
  • 03/12/08 14/07/09
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  • Fri, 15/05/2009 - 20:01

Are we not already in Wonderland? Are we not expecting too much of Messers Bell and Brown to attend the Mad hatter's tea party and pull the White Rabbit out of the hat and give us all 100% back. That would be some party worth attending!!