Wisconsin Banking Update
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M&I Shareholders Vent at Meeting
Posted on April 26th, 2009 No commentsIn a standing-room-only annual meeting, top executives of Marshall & Ilsley Corp. felt the wrath of shareholders unhappy about a huge cut in the dividend and decisions made in recent years by management. Last year M&I posted a $568 million loss, and its stock price fell more than 48 percent. The quarterly dividend was cut to a penny from 32 cents. Read the Milwaukee Journal Sentinel article.
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