Don’t miss the great infographic at MoxyVote on proxy season. This is why I’m not returning e-mails so quickly.
There’s also this letter from Vadim Perelman of Baker Street Capital Management to the board of Berkshire Hathaway.
Report: Pay gap at record high between U.S. CEOs. CEOs are now making 380 times the salary of the average American worker, a record high and the biggest pay gap in the whole world.
Take a look at Government Capture, a new blog from Robert Monks and Ric Marshall. Won’t it be nice when the crumbling Capitol of democracy can be restored?
American corporations today are like the great European monarchies of yore: They have the power to control the rules under which they function and to direct the allocation of public resources. This is not a prediction of what’s to come; this is a simple statement of the present state of affairs.
I’m starting to touch base with student-funds. The latest is The Fair Harvard Fund, which officially launched on Wednesday, March 21st, 2012. More about them and other student efforts coming soon.
Broc Romanek reported that Evelyn Y. Davis is slowing down at age 82 hasn’t been seen at a recent shareowners meeting. She has often struck me as nuts but she’s proposed many a good proxy proposal. Take a look at her a picture of Evelyn’s pre-bought tombstone in DC on Broc’s blog. He notes: “I believe its two divorces behind.” I wish her well and hope to see her back on the circuit.
If you are a GE shareowner, even if you’re not, be sure to check out Steven Towns’ analysis of the GE proxy statement at Seeking Alpha. I wish more shreowners would post such thoughtful guidance. The meeting is April 25th in Detroit. And check our Steven’s blog at the proxyexchange.org.