martymas Posted September 20, 2009 Report Share Posted September 20, 2009 any one feel sorry for these poor destitutea----------shttp://news.bbc.co.uk/2/hi/business/8265320.stm Quote Link to post Share on other sites
Pete_C Posted September 21, 2009 Report Share Posted September 21, 2009 Yes, but doesn't Bill Gates retain 51% of the stock? IE he is the shareholder whose vote counts? Not really sure but I would guess that a lot of companies retain controlling interest (preferred stock?) and assign the voting rights to their board of directors. Quote Link to post Share on other sites
jcl Posted September 21, 2009 Report Share Posted September 21, 2009 Yes, but doesn't Bill Gates retain 51% of the stock?Bit over 8%.I think the BBC story is wrong, BTW. Microsoft's board approved shareholder review of executive pay, not the other way around. Quote Link to post Share on other sites
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.