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2011 Banking Proxy Chart
After the financial crash of 2008 and ensuing recession, shareholders are holding the mega-banks accountable. If you own stock in one of the financial service corporations listed below, be sure to vote your proxies in favor of fairness and accountability. Our ally, Moxy Vote, makes it easy. Click through to Moxy Vote here, or on any linked companies below to register with Moxy Vote and vote your proxies.
(Thanks to the AFL-CIO, As You Sow, Ceres, Interfaith Center on Corporate Responsibility, Investor Environmental Health Network, Investor Network on Climate Risk, and the International Brotherhood of Teamsters for assistance in compiling these charts.)
|Bank of America||Conduct an independent review of banks' home mortgage policies; report on the bank's internal controls on mortgage servicing operations||MAY 11|
|Citigroup||Conduct an independent review of the bank's home mortgage policies; report on risk management structure across operations||APRIL 22|
|JP Morgan Chase||Conduct an independent review of the bank's home mortgage policies; develop and enforce policies to ensure fair loan modifications regardless of the loan's origin||MAY 17|
|Wells Fargo||Conduct an independent review of the bank's home mortgage policies||MAY 3|
NOTE: Shareholder Votes on Executive Compensation
Will Be Held at All Publicly Held Companies
As required by the financial reform legislation passed in 2010, beginning in 2011 all companies must hold an advisory shareholder vote on the frequency with which shareowners vote on the compensation of CEOs and senior executives. These resolutions are commonly known as "say on pay" resolutions and will offer shareowners the option of voting on executive compensation every year, every two years, or every three years. Green America urges all investors to vote in favor of annual votes on executive compensation to encourage greater oversight of the highest salaries within corporations. Investors may then choose whether to vote against, abstain, or support specific compensation packages, understanding the role that excessive executive pay played in creating the nation's financial crisis.