Top CEOs, Money Managers Want 'Commonsense' at Public Companies

A group of business leaders this week signed an open letter calling for reforms in how publicly-traded companies are run.  JPMorgan Asset Management CEO Mary Callahan Erdoes weighed in on the key principles the group is rallying behind.

“This all started with the heightened debate around short-termism, and short-termism really goes against the grain of what all Americans are looking for…. when they think about investing their profits, their savings for the future so that they can have a proper nest egg for retirement,” Erdoes told the FOX Business Network’s Maria Bartiromo. Read More