Fierce Finance – Like politicians who feel they do not get a fair deal from the media and try to go straight to the public, will more executives try to bypass analysts and go straight to investors?
It’s common for the CEOs and CFOs of top companies to hold meetings for stock analysts. But Bank of America CEO Brian Moynihan is going straight to investors in a hedge fund run by the famed Bruce Berkowitz. These investors have suffered mightily thanks to the bank’s swooning stock price (down nearly 30 percent this year).
Read more: Bank of America CEO Moynihan to appear before hedge fund investors – FierceFinance http://www.fiercefinance.com/story/bank-america-ceo-moynihan-appear-hedge-fund-investors/2011-08-04#ixzz1U4TQu3QI
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