Editorial

Sovereign Bank customer walks past the branch Tuesday, Oct. 10, 2006 in downtown Reading,Pa. . A majority of the bank's directors called for the special meeting today to consider chairman and chief executive officer Jay S. Sidhu's departure after big institutional investors, including the California and Pennsylvania state workers' and state teachers' pension funds, withheld votes for three veteran directors tied to Sidhu in elections last month. Bradley C Bower/Bloomberg News