Comcast Attack

The Comm Workers of America, AFL-CIO and Intl Brotherhood of Electrical Workers are urging Comcast [CMCSA] shareholders to withhold their support from Brian Roberts and dir Decker Anstrom at the MSO’s annual meeting May 26. "The retirement savings of America’s working families depends on companies like Comcast having responsible corporate governance," AFL-CIO Sec Treas Richard Trumka said. "We believe Comcast’s charter unfairly entrenches management and grants CEO Brian Roberts effective control over the Board." The unions cite Anstrom’s service as chair of the compensation committee as an example of the problem, saying his firm Landmark has collected "tens of millions of dollars in programming fees" from Comcast during his service as chair. — The City of Detroit’s Cable Communications Commission endorsed a report that found 400K code violations in Comcast’s cable operations. It set a Fri deadline for the MSO to show how it will fix the problems, which include instances of apparent noncompliance with electrical safety codes.