annual shareholders meeting

Do shareholders have any power?

Marketplace  Tue, 04/08/2008 - 14:28

Morgan Stanley wrote off $9.5 billion worth of subprime mortgages last quarter, so you might assume its executives would be in for a grilling at the annual shareholders meeting.

Nope. There was little or no outrage voiced. Michelle Leder of Footnoted.org discusses why that is.