Thursday 17 January 2008

US union investor activists target Merrills and Citigroup

The US unions are real pioneers when it comes to using shareholder engagement as a tool for the labour movement, so it's no surprise to see them getting stuck into the big banks over their shameful record in the sub-prime crisis.

Change To Win investment group is going after both Merrill Lynch and Citigroup. Maybe something similar is in order in the UK?

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