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California sues State Street

"This is just the latest example of how clever financial traders violate laws and rip off the public trust," says the California attorney general. He's referring specifically to State Street, whom... Read more...

Will Bank of America's Ken Lewis survive?

People have been speculating for months about whether Bank of America's Ken Lewis (and his slate of directors) will survive the annual shareholder meeting. The truth, as we all know, is that... Read more...

Shareholders to wage war on Bank of America board?

There could be some fireworks at Bank of America's annual meeting on April 29. Shareholder anger is still mounting. CalPERS and CalSTRS, two of the largest U.S. pensions, have decided to take on the... Read more...

GPs vs. LPs vs. shareholders

Private equity companies make a strong case for going public. But everyone knows that there's always the possibility of complications. The news that Calstrs will invest much less in funds offered by... Read more...