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Rating:Fido's Institutional Clients Respond to Moody's Concerns Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, November 26, 2007

Fido's Institutional Clients Respond to Moody's Concerns

by: Erin Kello

Ross Kerber of the Boston Globe spent his Thanksgiving holiday talking to Fidelity's institutional clients about Moody's Investor's Services' report earlier this month that raised concerns about Ned's succession plans. Kerber spoke to Fidelity clients Thomas M. Graf, executive director of the Massachusetts Educational Financing Authority and Bruce Raynor, president of the textile and service workers union Unite Here and co-chairman of the influential Council of Institutional Investors. Graf said he would be seeking more information about Fidelity's governance before renewing his company's contract and Raynor said Moody's criticisms would be taken into account. 

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