History
In 1998, Fair Finance Watch and its predecessors took the lead in opposing the merger of Citicorp and Travelers to form Citigroup. Fair Finance Watch's founder Matthew Lee spoke at both companies' shareholders' meetings, commented to the Federal Reserve Board, and ultimately initiated litigations against the merger, the largest in the financial services industry. Since then, Fair Finance Watch has pursued Citigroup as it has made acquisitions in Mexico and elsewhere, while initiating similar campaigns regarding HSBC, JPMorgan Chase, Bank of America, Wachovia, Deutsche Bank, Royal Bank of Scotland, American International Group, Wells Fargo and others.
Read more about this topic: Fair Finance Watch
Famous quotes containing the word history:
“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the sun’s rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (1817–1862)
“Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.”
—Ralph Waldo Emerson (1803–1882)
“If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.”
—Desiderius Erasmus (c. 1466–1536)