WOW... First Citigroup, Now THIS... Something's Afoot On Wall Street...

[WillyT]

2. I Hear Ya... But BOTH Of These Developments Are Probably Causing Shock Waves On The Street...

For shareholders to vote down an executive pay package is almost unheard of in modern history, and "activist investors" is a LOVELY term...

And Gorman capping bonuses, threatening "clawback" for under performance, instituting a culture that works for their clients instead of for themselves (the Big Score), and... telling his employees that if they don't like the new rules they are free to leave...

are both refreshing, and certainly signs of hope.