Shareholders "Votes"?.........Since when does individual votes matter?..........what independent firm counts the proxy votes made by individual investors?..........it would be a fair statement to conclude that individual proxy votes are tallied by individuals inside the company if at all?, kinda like another SEC formality that means little to nothing, kinda like in Iran today and the Ayatollah's regime with Amadidajad getting voted out or Russia with the Kremlins Putin.
One thing the r/s may accomplish, the company may be able to pay in stock, and options to the 400 employee's who are seeking payment for their retention contracts amounting to $235 million, less the govt plans to be the payee, who in reality is their employer, cutting them checks, approx $588,000 to each if this were split up evenly to those who worked in the dept who sold CDS's insurance without the collatoral to back them. Depending on the rank and file the top pay will go to those who did the most damage, if someone doesn't cough it up there are attorneys in the wings willing to sue Aig, or the govt, or taxpayers, since the govt operates like a private entity won't be sending out any proxies to the American people for our opinion?. The govt officials who were voted in to serve the people are nothing more than a sounding board for the peoples voice, who were for the most part against these bailouts from the start, and whose money it is. Kinda like Englands once Monarchy today is nothing more than a sham, the United States sham is a system of Plutocracy for the good old boys..............
Kinda like selling home or auto insurance without the money to pay if a persons home burned to the ground, or the car gets totalled,,,,,,,,,Sorry!!. What we should be hearing that indictments are coming forth for all the ones who perpetuated this public fraud............The Govt itself is just as guilty for not allowing them to fold.
