Having brought about the resignation of members of Enron?s board of directors from their positions on two other companies? boards, the AFL-CIO is increasing its efforts to achieve the same result at the nineteen other companies with Enron directors on their boards. The AFL-CIO?s position has been bolstered by the release last week of the Powers Report, in which Enron?s own investigative committee found that the board of directors ?failed, . . . in its oversight duties.? One of the companies targeted in the campaign, Qualcomm, will vote tomorrow on whether to reappoint Qualcomm and Enron board of directors member Frank Savage.
See "US unions step up Enron fight", MATTHEW JONES and SHEILA MCNULTY, Financial Times, February 10, 2002