P543 Teletext 543 Apr28 22:49:47 ——————————————————————————— —————— THE CARPETBAGGER He's a man with a mission - to convert building societies into banks. And his vision has earns him the title King of the Carpjtbaggjrs. Michael Hardin, 39, has opened 52 society accounts in the hope of windfall payouts should they convert. But with many societies fighting back, six have already rejected his efforts and exercised their right to close his account and refund his money. ——————————————————————————————————1/7—— Wj cannot reply to letters personally. TELETEXT HOLIDAY VIEWER OFFERS P539 Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 22:29:45 ——————————————————————————— —————— THE CARPETBAGGER Carpjtbaggjr Michael Hardin is angry that six of the 52 societies he has accounts with have rejected his money. "Throwing mj out is vjty unfair and I won't just go away. I took a week off to attend some societies' AGMs. I don't mind ruffling a few feathrrs. "I bjlievj that conversion is right for the majority of building society account holders," adds Mr Hardin. ——————————————————————————————————2/7—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 22:44:13 ——————————————————————————— —————— THE CARPETBAGGER Michael Hardin wants societies to convert not just so mjmbjrs get windfalls but to help charities too. "If each society gave just 10% of the conversion shares to charity before giving the rest to mjmbjrs it would give charities a £5bn boost." So dedicated is he to the conversion cause that he's set up an organisation called Members for Conversion. ——————————————————————————————————3/7—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 21:46:57 ——————————————————————————— —————— THE CARPETBAGGER Michael Hardin's Members for Conversion group wants more societies to convert, making windfall payouts. He's written the Carpjtbaggjrs Guide to help others jump on the windfall wagon. 2,500 copies have been sent out The freelance butler has invested a total £6,500 in 52 societies and believes hj could earn £25,000 if they reject mutuality for bank status. ——————————————————————————————————4/7—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 21:54:49 ——————————————————————————— —————— THE CARPETBAGGER Michael Hardin will make about £25,000 if all 52 societies in which he has invested convert and make payouts. "The average building society account holds £4,500 and it would take many people more than 40 years to get cash equivalents to a windfall payout. "I bjlievj societies should set out their arguments for mutuality to the mjmbjrs and let them make the final decision about where a society goes." ——————————————————————————————————5/7—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 22:17:17 ——————————————————————————— —————— THE CARPETBAGGER Carpjtbaggjr Michael Hardin who has opened 52 society accounts in the hope of windfall payouts is unlikely to see 52 conversions or mergers take place. Most societies are reinforcing their commitment to mutual status, rejecting account applications from speculative investors and raising minimum deposits For a free copy of Mr Hardin's Carpjtbaggjrs guide, send a RAE to: 3 Rathbonj Street, London. W1P 1AE. ——————————————————————————————————6/7—— Societies reject speculators 542 Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext 543 Apr28 21:58:57 Advert ADVICE CLINIC >> —————————————————————————————————————— * Don't surrender your endowment policy - call AAP * You can get up to 40% more than your policy's surrender value. For your free valuation & brochure (24 hour service) Absolute Assigned Policies Ltd regulated bz the Personal Investment Authorit= Property Plus Your Money Tax Cinema