William Donaldson, Chairman of SEC on CNBC, just finished an interview in which he promised to "take a hard look at proxy rules to give individual shareholder an even break". The "Professionals" we hear so much about on this board have been unmasked as a bunch of Gdamned crooks, especially Jack Grubman, Sandy Weil and Goldman, Sachs. Isn't that the great firm that paid Robert Rubin $40,000,000 a year to extricate their AZZ from the guillotine?
Looks like it has worked. Blodgett and Grubman get the axe and Sandy Weil and Goldman walk. Ah yes, the "professionals" indeed.
STINVESTOR