New Action Expected In The Drive For “Universal Ballots”: An SEC “Tilt” To Favor Activism? We Say It Does Not

“SEC Chief Tilts Again to Activists” the WSJ headline screamed, on page-1 of the June 26 Money & Investing section, reporting on Chairman Mary Jo Wight’s remarks at the Society of Corporate Secretaries conference where she endorsed the universal ballot idea, and urged companies to adopt one voluntarily in a proxy fight…”

Early Returns From The Annual Meeting Front: Spring-Season Has Just Begun – And Ill-Winds Are Blowing

Pity poor Citi – whose top management team – and board – were taken totally by surprise when the Fed refused to allow Citi to increase the quarterly dividend from a measly penny a share and to buy back shares to prop up the stock – as everyone, including  the investor community, was confidently expecting – and where the bombshell dropped just a few weeks before Citi’s annual meeting.

Pin It on Pinterest