Financial Times: Lament of the Shell shareholder
“The penalty is the equivalent to the imposition of a fine on a victim of a robbery rather than on the perpetrator!”
By B. M Nonhebel
Published: August 3 2004 04:00 | Last updated: August 3 2004 04:00
From B. M. Nonhebel.
Sir, As one who bought Shell shares earlier this year I am dismayed by the decisions of the financial regulators in both the UK and the US to impose a hefty fine on the company for its overstatement of reserves. I am one of those hurt in that the price at which I bought my shares was clearly too high because proven oil reserves were lower than I and the market thought at the time.
The penalty is the equivalent to the imposition of a fine on a victim of a robbery rather than on the perpetrator! I would be interested to learn about how the authorities reasoned in so convoluted a manner.
B. M. Nonhebel, Alton, Hants GU34 4EB
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
