So how are the two guys going to support efforts to reign in Executive Compensation? They will not even try, so pseudo 'Fiduciaries' like these (and they are among the largest of them) need to be stripped of their voting power. Let them play the market but not supervise the corporations. More often than not they just are just renting the shares - there is no proper intent of taking the responsibilities of ownership, all governance efforts are purely cosmetic. Jamie Dimon in particular should not rattle on about the problems the USA face, he should just look in the mirror: HE IS PART OF THE PROBLEM!
(22-July-2017)
Two top Wall St chiefs enjoy $314m share bonanza
During a speech yesterday at the New York City Bar Association, Brian Daly,
Director of the SEC’s Division of Investment Management, shared his
thoughts on...
2 days ago
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