GOP AGs Write to ISS and Glass Lewis

Here they go again. The GOP AGs have sent another tut-tut letter, this time to the two biggest proxy advisory firms, ISS and Glass-Lewis, again apparently drafted by corporations behind the Republican Attorneys General Association. It has a lot of footnotes and legal language and reminds them that they have to comply with various laws but it has nothing of substance. We’d like to remind Republicans that they’re supposed to be the ones on the side of capitalism and free markets. It is investors who provide the capital and they are in the best position to evaluate the issues on proxies and the advisors who are best qualified to provide independent analysis.

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