His new board members are former Securities and Exchange commission Chairman Arthur Levitt, financial news journalist Jane Bryant Quinn, investment company executive Frank Savage, and founding Bloombrg partner Thomas Secunda.

CNN: Michael Bloomberg eyes run at New York mayor

Yet when Lockheed Martin, another firm whose 401(k) Fidelity helps run, renominated Enron ex-director Frank Savage to its board this year, the fund group appears to have gone along, the AFL-CIO says.

FORBES: Money & Investing