Sunday, September 12, 2004

Fidelity voted against expensing stock options

The New York Times > Business > Your Money > Gretchen Morgenson: A Door Opens. The View Is Ugly.
Most disturbing, some of the biggest fund companies - including Fidelity, T. Rowe Price and MFS Investment Management - cast votes with executives and against the views of most investors on the subject of expensing stock options this year.

I want to know how Vanguard voted on this one. I'll write Fidelity and let them know I'm moving my money elsewhere.

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