NYC Pension Funds Challenge Wal-Mart

11:15 AM ET Tue, 1 May 2012

There's more fallout from the allegations that Wal-Mart used bribery to spur expansion in Mexico. A group of New York City pension funds will vote their 4.7 million shares against five Wal-Mart directors standing for re-election at the company's annual shareholder meeting. John Liu, New York City comptroller and trustee of the city pension funds, weighs in.