Word: votes
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...second-tier companies that want government money, there's a golden-parachute limit of a year's compensation. The $500,000 pay and restricted-stock limits still apply, but shareholders (not a friendly constituency these days) can waive them in a nonbinding advisory vote, and management can act accordingly. (Read "Why Your Bank Is Broke...
...fancy office or glitzy sales conference? - being left vague under the "you know it when you see it" rule. It also allows employees to "name and shame" abusers. There's a dose of shareholder democracy too. Companies will have to subject their compensation packages to a nonbinding shareholder vote, popularly known as "say on pay." (See the top 10 scandals...
...repeal it have been introduced repeatedly since the first of them arrived six years ago, only to die every time in the senate's judicial proceedings committee. And the makeup of that committee is no different now than it was two years ago, when the bill fell one vote short of the number needed to release it to the full senate. But supporters of the repeal think that this year, with the governor's support and the commission's verdict still fresh, the bill will make it to the floor for a vote they are confident they will win. "This...
...Governor O'Malley can't budge any of those swing voters, there are still parliamentary moves at his disposal that could allow him to bring the bill to the full chamber without a committee vote. One of them would be to persuade lawmakers on the committee who oppose the bill to release it anyway without a recommendation of any kind from their body. Some anti-repeal committee members are already said to be warming to that idea...
...Malley can get firsthand advice on parliamentary maneuvers from a source very close to home. In 1978, the bill that eventually created Maryland's death penalty was held up for a time by the same senate committee before eventually being forced to a vote. Its chairman back then was a future state attorney general named J. Joseph Curran, a longtime opponent of capital punishment. These days he also happens to be the governor's father...