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Portman expels carpetbagger rebel

Portman Building Society are getting tough with carpetbaggers by expelling demutualisation ringleader Richard Yendall.


The society are describing his membership as not “appropriate” to the society&#39s long-term aim of remaining mutual.


The move to expel the carpetbaggers.com spokesman leaves the other carpetbaggers vulnerable to the same fate and follows Portman&#39s rejection of a member resolution to re-consider mutuality.


Yendall says: “I intend to fight this decision. For the sake of all building society members, the directors of Portman cannot be allowed to get away with this.”



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