“We believe such a decision, without justifiable reason, infringes our statutory right to submit shareholder proposals.”
“Generally we don't like them as a basic principle. In some cases it is working reasonably well from a shareholder point of view and that has to do with the people involved.”
“We're taking on Wall Street. We're buying 50 percent over the minimum number of shares required to submit a shareholder resolution.”
“This is consistent with this board's pattern of disrespecting shareholder interests in favor of entrenching themselves in their lucrative positions.”
“Merrill Lynch is not for sale. We have the resources, the strategy, to create more shareholder value.”
“The state is not a good shareholder.”
“We continue to believe that mutual funds run by such shareholder-friendly firms represent worthwhile investment opportunities for most investors.”
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