Proxy Votes
CEOs really owe much to the U.S. Postal Service. Once a year they obtain a vote of confidence from their constituency (the shareholders) by mailing them a proxy. It provides an easy way to secure the vote which management (the board of directors and the CEO) want. Simply sign, date and use the postage-free pre-addressed envelope. The results are astounding.
STANLEY C. PEARSON
Riverside
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