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To: Fierce Allegiance

It's not the bank. I can't remember which state BoA is incorporated in, but most states allow minor shareholders to introduce resolutions on which shareholders get to vote. This was some lefty thing that got passed in the '70s (of course) so that corporatiions would seem more cuddly and socially conscious or something. Obviously, this is some Nimrod-with-a-cause that holds enough shares to get such a resolution. The Bank has nothing to do with it. But they are likely required by law to put the resolution up to a vote since it has to do with business operations.

Don't worry, these things never pass. But if you feel strongly, be sure to mail in your proxy card with your no vote.


12 posted on 01/13/2005 7:10:08 AM PST by New Orleans Slim
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To: New Orleans Slim

*senses opportunity to make lots of silly resolutions*
How about something like 1/26th of all applicants must have names that start with a C? It would be fair... Sort of.


13 posted on 01/13/2005 9:03:38 AM PST by Begferdeth
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