Thursday, 30 April 2009

OOF!

Kenneth Lewis has been voted out as chair of Bank of America. What makes this particular corporate governance battle more interesting is that the US unions were right in the middle of it. It does demonstrate the potential that capital market activism has for unions. Why not here? Eh?

1 comment:

Falco said...

"Why not here? Eh?"

Maybe because it always ends in tears.