Evelyn Y. Davis, the octogenarian corporate gadfly, is best known for yelling at Lloyd Blankfein, the C.E.O. of Goldman Sachs. Last week, she showed a softer side at the shareholders’ meeting for Saks Incorporated.
“We get along fine,” she said of Saks Inc. “It’s not as controversial as Goldman Sachs.”
As is her habit in Read More
If you own stock in a company, you may very well have just gotten a lot more powerful. As expected, the Securities and Exchange Commission today used powers granted to it by the Dodd-Frank financial reform bill to change the rules governing how companies elect their directors, increasing shareholders’ power to effect change in coporate boardrooms. Read More