Value Investing News

The vote results from General Electric’s (GE) annual meeting held on April 27th were filed with the SEC on Tuesday.  A “5th grader” reviewing the results could easily see that General Electric prevailed overwhelmingly: in reelecting its directors, approving executive pay, and voting down shareowner proposals. I question whether GE’s board and its executives could [...]

• http://steventowns.com/2011/05/05/privilege-trumps-posterity-at-general-electric/ (223)