It was not the first time the Federal Reserve had opposed shareholder activism, preferring not to shake things up at badly performing banks.
"It's in no way, shape or form necessary to oppose shareholder Proposal 2 for [Einhorn's plan] to happen.
"You're dead from the neck up," the voluble Goldstein, whose three hedge funds own 2.5% of the company, tells the legion of opposing Warwick shareholders at its annual meeting.
WalmartWatch.org reported that the company received a 15 point deduction for "a large-scale official or public anti-LGBT blemish on their recent records, specifically by opposing a shareholder resolution to amend their non-discrimination policies to include gender identity".
Better yet, LLCs allow entrepreneurs to divvy up profits any way they choose, as opposed to shareholders in corporations, who have to carve them up in proportion to their percentage ownership in the company.
Under the new agreement, Fortis will also be taking a smaller part of a structured credit portfolio: 760.0 million euros ($960.0 million), rather than 1.0 billion euros ($1.3 billion) under the previous two agreements, which had also been opposed by shareholders.
"For a start, corporations, banks and so on should be responsible, I think, to stakeholders [as opposed to shareholders].
The payout is part of an unorthodox long-term awards scheme pushed through by the Persimmon board last September despite 15% of shareholders opposing it.
Some, like Boeing and Reynolds American, have opposed the shareholder initiatives.
Online marketplace eBay has said it will oppose a shareholder proposal that would require it to disclose any gap in gender pay.
