Another plug for the ace FundVotes.com website. It's just published this report (PDF) on mutual fund voting on say-on-pay resolutions at the banks that the Government has taken stakes in. No surprise (to me anyway) to see that a number of the big houses (Putnam, Fidelity, Vanguard) didn't back any of the resolutions.
It's not a smoking gun. Voting decisions don't tell us too much about the interaction between between companies and there shareholders. But it does suggest that only a few months ago the big mutual funds apparently did not see any serious issues with pay at the banks.