CBS News identifies the 10 biggest market losers of 2011. HP and BofA are both targets of proxy access proposals.
Unfortunately, only about 5% of retail shareowners bother to vote and many mutual funds may refuse to vote against management because they want to be the company’s 401(k) administrator. Major abuses will only slow when shareholders start to think and ACT like shareOWNERS.
Research your proxies on proxydemocracy.org. Vote on MoxyVote.com. Organize at ProxyExchange.org.
Don’t just grip; take action! Boardrooms should be “occupied” by directors nominated by and working on behalf of shareowners, rather than functioning as CEO lapdogs.
Comments are closed.