Word: crisises
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The report, released this week by proxy-advisory firm Proxy Governance Inc., shows a spike in the number of shareholders casting votes against the election of a company director - even when the director was uncontested. The study found that about 10% of directors who were up for election in the...
"The financial crisis has no doubt played a role in this jump," says Scott Fenn, senior managing director for policy at Proxy Governance. "There's a greater willingness on the part of big institutions to hold boards accountable and to vote against directors when they perceive a problem at companies...
See pictures of the global financial crisis.
Still, it's clear that Morgan has taken a different road out of the financial crisis than its closest rival, Goldman Sachs. In the past year, Goldman has dramatically ramped up its trading desk. That move has led to big profits in the past year but the firm has also...
You write in your book about "social convoys" What are they? As we travel through life, we're surrounded by intimates and consequential strangers who make the journey with us. Some of them go the whole distance, usually our intimates, and others are there for specific periods of time - whether...