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Wal-Mart's Latest Enemy: New York Pension Funds

Source: New York Times | New York | May 1, 2012

Concerned about Wal-Mart’s reported cover-up of bribery in its Mexico operations, leaders of New York City’s pension funds said they would vote their 4.7 million company shares against five directors standing for re-election to the retailer’s board at its annual shareholder meeting next month.

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