1. B of A Vote Shows Shareholder Muscle

    B of A Vote Shows Shareholder Muscle

    A group of shareholders is looking to strip Bank of America Chief Executive Brian Moynihan of his chairman title on Tuesday in an investor vote...

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    1. I can't remember an occasion where a company has called a special meeting to address a governance issue. That's a sign of how far we have come.
    2. The board and management have engaged extensively with shareholders and recognize that there are varying views on board leadership models, which is why the board committed to holding a vote.
    3. The sleeping giants of Wall Street are stirring.
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