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dix

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Alias Born 08/16/2010

dix

Re: hestheman post# 236967

Tuesday, 09/21/2010 3:43:07 PM

Tuesday, September 21, 2010 3:43:07 PM

Post# of 734736
Given the new rules coming into effect in Q4 it is probably in the the debtors(WMI) best interest to limit the effectiveness of a proxy vote if they are unable to forestall a shareholders meeting entirely.

Ten

http://articles.latimes.com/2010/aug/26/business/la-fi-sec-proxy-20100826
"This is groundbreaking for U.S. shareowners," said Ann Yerger, executive director of the Council of Institutional Investors. "Access to the proxy will invigorate board elections and make boards more responsive to shareowners and more vigilant in their oversight of companies."

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