Home Economics Bid To Break Up Bank Of America Clears SEC Hurdle

Bid To Break Up Bank Of America Clears SEC Hurdle

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Bid To Break Up Bank Of America Clears SEC Hurdle

The Securities and Exchange Commission is giving the go-ahead to a shareholder proposal that seeks to break up the mighty Bank of America. Bartlett Naylor, the financial policy adviser for the consumer-rights advocacy group Public Citizen who filed the proposal, said it could be a matter “of galactic proportions for the bank.” The nonbinding referendum is…

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