UncategorizedMay 4, 2008 6:45 pm

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TAIPEI, Taiwan

The defamation has further embarrassed President Chen Shui-bian’s administration only 17 days prior to he is to leave office. It is the latest in a series of financial irregularities involving his wife, son-in-law and associates that be delivered of tarnished his pro-independence Democratic Progressive Party and contributed to its loss to the Nationalist Party in the presidential election in March.

The money’s disappearance illustrated the behind-the-scenes inducements, often called dollar tact, used through Taiwan and China in their struggle upper diplomatic recognition. In recent years, Taiwan has fared poorly in the contest, reduced to 23 countries

Secret funds

Foreign Minister James Huang told Taiwanese reporters that Vice Premier Chiou I-jen, one of Chen’s closest aides, hand-picked the two men to convey the funds in 2006. Huang and Chiou both said they had no idea where to complexion for the money, an estimated $29.8 million withdrawn from secret funds used to prevail on governments and leaders to extend diplomatic recognition to the self-ruled island.

“The key to this case is not that our diplomatic work has been negligent, but it is that the people we trusted had problems with loyalty,” Huang before-mentioned at a news conference Friday.

Huang denied that the money was to be used to bribe officials in Papua New Guinea and before-mentioned that it was intended with a view to a variety of development projects in the liliputian South Pacific realm. “This is no so-called dollar diplomacy,” he said.

Chiou, who at the time headed Chen’s National Security Council, met the men several years ago. Taiwanese officials identified them like Ching Chi-ju, a U.S. passport holder, and Wu Shih-tsai, a Singaporean national.

Believing they had influence superior political figures in Papua New Guinea, he introduced them to the Foreign Ministry.

Money deposited

The government-run Central News Agency aforesaid the Foreign Ministry, on the strength of Chiou’s recommendation, deposited the money into a Singaporean bank account held by Ching and Wu. Huang said Papua New Guinea told Taiwan it needed the sum as a guarantee while talks were under way hither and thither switching relations from continent China to Taiwan.

After months of fruitless talks, Taiwan decided that Papua New Guinea was not committed to becoming a long-term ally and ended the negotiations. But the two intermediaries did not return the money, and Ching dropped out of sight.

Huang said the ministry tried to endure the fiasco secret. Taiwanese officials visited Ching’s wife in Los Angeles several times, he said, and pleaded with her to try to achieve him to return the wealth. When that failed, Taiwanese representatives brought suit in Singapore seeking to freeze the two men’s bank account.

Wu is believed to be in Singapore, barred from leaving pending an research, according to Taipei’s United Daily News. Ching’s whereabouts are unknown. Huang and Chiou were questioned by dint of. Taiwanese investigators, meanwhile, to wait upon whether corruption was involved.


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Philipp Freiherr von Boeselager, believed to be the last surviving piece of the inner circle of German army officers who attempted to assassinate Adolf Hitler with a briefcase bomb without ceasing July 20, 1944, died Thursday. He was 90 and lived in Altenahr, in the Rhineland-Palatinate.

His death was announced by the German Defense Ministry, which gave not any other details.

Mr. von Boeselager, disturbed by the Nazi campaign of extermination against Jews and by German atrocities that he witnessed as a lieutenant on the Eastern Front, joined an anti-Hitler conspiracy in 1942. He later took part in the plot being organized by Col. Claus Schenk Graf von Stauffenberg who, since chief of prop to Gen. Friedrich Fromm of Reserve Army Headquarters, routinely attended meetings at which Hitler was present.

Mr. von Boeselager, assigned to an explosives research team, acquired top-grade English explosives. On July 20, von Stauffenberg carried a briefcase stuffed with plastic explosives and a timed detonator into a conference at the Wolf’s Lair, Hitler’s headquarters in East Prussia, and placed it under a table being used by the agency of Hitler and greater amount of than 20 officers.

After making an excuse, von Stauffenberg left the room. In his brown study, Col. Heinz Brandt, trying to get a better look at a map on the table, moved the briefcase next to a table leg, deflecting much of the bomb’s explosive force. The blast mortally wounded three officers (Brandt among them) and a stenographist, if it be not that Hitler escaped with minor injuries.

Had the murder succeeded, Mr. von Boeselager was to lead 1,200 men back to Berlin and take part in a general uprising against the Nazi regime, code-named Operation Valkyrie. The bomb plot is the subject of the unreleased film “Valkyrie,” in which Tom Cruise plays von Stauffenberg.

Most of the approximately 200 conspirators, including von Stauffenberg, were rounded up and executed; others committed suicide. No one revealed Mr. von Boeselager’s role in the plot. As a result, he did not need to use the cyanide seed-vessel he kept on hand for the rest of the war.

Mr. von Boeselager was born into a Roman Catholic parents and children in Burg Heimerzheim, familiar Bonn. After graduating from Aloysius College, a Jesuit secondary drill in Bad Godesberg, he intended to study code and enter the foreign service. Not wishing to join the Nazi Party, he instead enlisted in the multitude, as did his brother Georg, who also took part in the July 20 plot.

Mr. von Boeselager was primitive approached in 1942 to shoot the pair Hitler and Heinrich Himmler, the head of the SS, at close range. “It was no longer about saving the country, but about stopping the crimes,” he told a German newspaper.

On March 13, 1943, armed with a Walther PP pistol, he prepared to assassinate both men at a session with Field Marshall Guenther von Kluge, Mr. von Boeselager’s commanding officer. When Himmler decided not to attend, von Kluge called off the mission.

In 1944, Mr. von Boeselager’s brother Georg gave him the signal to move forward on the bomb compass. “One set time, my brother called and declared, ‘They scarceness explosives,’ ” he told Reuters in a 2004 meeting. “I knew exactly what on this account that.”

As for the failure of the bomb attempt, he said, “Stauffenberg was the wrong man in favor of this, but no one else had the guts.”

After the state of opposition, Mr. von Boeselager studied law and economics and served as an adviser in creating the Bundeswehr, the armed forces of West Germany. He founded several charities and prosperity organizations, and often spoke at schools about German resistance to the Third Reich and the importance of taking an active part in science of government.

In 1948, he connubial Rosa Maria Graefin von Westphalen zu Fuerstenberg. The leash had four children.

Two weeks before his death, Mr. von Boeselager took allotment in a documentary, “The Valkyrie Legacy,” to be shown on the History Channel in 2009.

Mr. von Boeselager said the decision to call off the 1943 plot had continued to haunt him. “I always behold Hitler from here to the fireplace in facade of me and mean, ‘What would regard happened if you had shot him?’ ” he told a reporter, indicating with his hands a remoteness of with reference to two feet.


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NEW YORK — When it comes to assess tribute upon paperwork, many people are adamant about support every scrap of paper, often believing those documents will save them if the Internal Revenue Service comes knocking. But that’s not necessarily the case.

Bankrate.com tax writer Kay Bell has these tips put on how to sift through piles of tax-related documents and keep only the ones you really need.

When it comes to tax records, Bell says, you should hang on only to those that help you identify sources of revenue, fulfil footmark of expenses, determine the value of property, prepare tax returns or support claims made on those returns. That expedient 1040 forms and in any degree accompanying tax schedules, along by the documents supporting the return, such as W-2s, 1099 miscellaneous-income statements, and receipts or canceled checks verifying tax-deductible expenses.

But don’t go overboard. If you used something to claim a taking out, keep it — if not, shred it. For case in point, hoarding medical bills is useless if you didn’t accumulate sufficiency to join battle the deduction threshold. Let common sense, at the same time that well as storage space, be your guide.

To be sure, more items do have a longer shelf life. These without details are assets that a taxpayer will eventually take a bribe for, triggering a levy bill. So grant that you be seized of a pension plan, own a home or invest in the stock mart, tax pros recommend keeping these records indefinitely. At the very smallest, you should keep them until three years posterior you dispose of the asset.

As far as how long you should clutch on to tax papers, the rule of thumb is until the chance of audit passes. Usually, that is three years after filing. But if the IRS suspects you underreported your income by 25 percent or more, it gets six years to check into your tax time from birth to death. That’s why most accountants suggest taxpayers — even meticulous filers — to keep tax documents for the sake of six to 10 years.

Since for most taxpayers the biggest asset is their home, it’s important to understand the rules governing profits from home sales. While load rules have changed in recent years, meaning sale profits don’t automatically face IRS charges, any paperwork relating to a residence should be kept conducive to as long as the home is owned.

Single home sellers now can net capital gains of $250,000 (double that for married couples) before owing the IRS. To adjust whether auction profits fall within the tax-free limits, the seller must make stable a residence’s basis. That means that records related to a home’s value — settlement papers and receipts with respect to improvements and additions — are critical.

If you sold a house ahead of May 7, 1997, that could affect your current home’s basis. With abode sales back then, taxpayers were efficient to stave off impost on any emolument by using the profit to purchase another home and filing IRS form 2119.

If the home you’re at present selling is the one your pre-1997 sale proceeds were rolled into, you’ll need those old forms to configuration your running water property’s basis and somewhat potential tax bill.


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Boeing declared there hasn’t been any more distant delay in its 787 Dreamliner and that some planes will be delivered respecting 20 months later than originally scheduled when the company is at peak work.

The fellowship responded to a describe Saturday by the German newspaper Die Welt that said the first planes may be delayed as many as 27 months, citing a letter from the aircraft maker to an unidentified client.

“There is no modify to our schedule during the 787 that we announced in April, that has first delivery in the third part quarter of 2009,” said Boeing spokeswoman Yvonne Leach in an e-mailed statement.

The 787, Boeing’s most popular novel plain, has been postponed three times since October.

The first customer will get its first plane at least 14 months later than planned, Boeing said last month.


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The central bank, led by Chairman Ben Bernanke, helped factor the buyout, after liquidity evaporated at Bear, what one. had been Wall Street's fifth-largest investment bank.

JPMorgan, the third-largest U.S. brim by dint of. assets, agreed to pay $10 through share with a view to Bear, and the Fed agreed to guarantee $29 billion of Bear's assets.

"I think the Fed did the right act in stepping in on Bear Stearns," Buffett said at the annual meeting of his Berkshire Hathaway Inc (BRKa.N) (BRKb.N) insurance and investment company. "Just imagine the thousands of counterparties around the world having to undo contracts."

Buffett said a trace 31,000 shareholders attended the meeting in Omaha's Qwest Center, including an overflow crowd in halls outside the main theatre.

He and Berkshire Vice Chairman Charlie Munger fielded questions for five hours, often humorously, on investing, the economy, politics and life.

Attendance has soared since Berkshire in 1996 created Class B shares worth 1/30th of a Class A share. These made it easier for ordinary investors to invest with Buffett, the world's richest person.

RISK AT ISSUE

Buffett aforesaid the Bear stampede illustrates in what way some investment banks and mercantile banks may have grown too large to effectively horsemanship risk.

"The big investment banks, a number of them, and big commercial banks, I plot they're almost too huge to manage effectively from a jeopardize standpoint in the course they've elected to conduct their employment," he said. "You need someone at the predominate whose DNA is very, very much programmed against risk."

Berkshire is, he said. "We want to run Berkshire where admitting that the world isn't working tomorrow the way it is working today, or in a way that wasn't expected, we wouldn't have a problem," Buffett said. "If we can earn a decent return on capital, what's an extra percentage point?"

One area of concern is the estimated $60 trillion market for belief default swaps, one insurance contract that covers losses to banks and bondholders when companies don't pay their debts, and lets investors make a bet on credit markets.

Yet Buffett doesn't have prescience of a collapse. "I don't opine it's going to occur, and I think the chances of it happening were reduced significantly by the fact the Fed stepped in at Bear Stearns," he before-mentioned.

Berkshire, however, has benefited from market disruptions, including many triggered by the nation's saddle-cloth height.

Buffett said his four-month-old bond underwriter, Berkshire Hathaway Assurance Corp, wrote $400 million in business in the first share, more perhaps than other rivals combined.

Much, he said, came from customers who already had insurance from other "triple-A" rated insurers, more of that got caught with exposure to subprime mortgages.

"It tells you something about the meaning of 'triple-A' in the bond insurance field in the primeval quarter," Buffett said.

Buffett said Berkshire also bought $4 billion in "auction-rate" municipal debt whose yields soared, often into double digits, despite many issuers' high credit quality.

SUCCESSION ON TRACK; BUFFETT EYES EUROPE

Buffett, 77, said Berkshire still has three internal candidates to eventually succeed him as chief executive, and four candidates to become chief investing. magistrate. Berkshire ended March with about $147 billion in stocks, bonds and cash.

But noting that the average age between he and Munger is 80, and assuming they'll be the subject of being to be 100, Buffett joked: "We're only aging at 1-1/4 percent a year. Some companies' (CEOs) are aging at 2 percent. Think about how risky that is."

Buffett plans this month to visit four European countries to seek outright family-owned businesses he might want to buy when the time comes for a sale. He said Berkshire isn't on the "radar screen" of many potential sellers in Europe.

Berkshire does have a course in fix to make its 95 percent-owned German reinsurance unit, Cologne Re, a fully owned adjuvant "before too long," Buffett said.

Buffett occasionally addressed more polemical issues.

Asked whether he should press with solicitation Coca-Cola Co (KO.N) to pull back from its role taken in the character of a big corporate supporter of the Summer Olympics in Beijing, Buffett said it would be a "terrible err" not to back the Olympic movement. Berkshire ended 2007 by one 8.6 percent stake in Coca-Cola.

And Buffett turned back efforts by American Indian tribes and salmon fishermen to have Berkshire's PacifiCorp unit remove four dams put on the Klamath River in California and Oregon, which they say murder fish. Three people asked Buffett questions hither and thither it and protesters occasionally shouted repugnance to the dams.

(Editing by Todd Eastham)


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WASHINGTON

The question is not new, but it has gained force week through week, as the ranks of uncommitted delegates decrease and the remaining number of primaries and caucuses shrinks. When Rep. Baron Hill, a freshman holding a battleground seat in southern Indiana, ended months of neutrality and endorsed Obama, without waiting until Tuesday to let his constituents vote, it signaled bad news for Clinton, not just in the primary but in the overall fight.

It got worse for her the next day when Joe Andrew, a former Indiana and national Democratic chairman under Bill Clinton, announced that he was switching to Obama, in part because the long-drawn-out contest is so divisive to the party.

How then does Clinton hope to win? Her final event rests entirely on the last uncommitted superdelegates, the roughly 75 members of Congress and 150 party officials who get not picked sides.

All of them have been wooed intensively by dint of. both Clinton and Obama. If the race goes on another week, I will give an account of more about the case Obama supporters are making to the superdelegates. But instead of now, let me set forth Clinton’s imagined course to the nomination.

To have a chance, the Clinton folks outline, she must win Indiana on Tuesday and fare well enough to keep Obama’s induce by the end of the primaries closer to 100 than to 200. She must also find a way to get some votes counted from Michigan and Florida, whose delegations are barred from the convention for violating the party’s primary timetable.

Then the superdelegates would take their second. The in the beginning thing my Clinton dear companion noted about them is that, over the past two months, their conversations have shifted from a fascination with the press on of young people onto the voting rolls, benefiting Obama, to a focus on older voters and Catholics, who have impaired heavily for Clinton in Pennsylvania, Ohio and other states vital to Democratic chances of assembling an Electoral College full age.

Second, he said, the Jeremiah Wright incident and other recent incidents have reminded the uncommitted how little they really apprehend about Obama

Those two factors have begun to modify some superdelegates’ minds about the candidate they want to see nominated. But, as my friend acknowledged, they have not yet overcome the deep disquiet various of them be stirred, while they contemplate taking the nomination absent from Obama. They be sure that would break the hearts of his African-American supporters, who have been the most devoted of Democratic constituencies.

Speaking from a lifetime of experience, my friend said that under other circumstances, African Americans would show their love for Hillary Clinton (if not so much now for her husband). But at the moment, they see her only as a threat to bump extinguished their favorite.

If the superdelegates should decide to take the risk and cast their lot with Clinton, how would she subsist adroit to heal the wounds of a fight to the finish with Obama?

The Clinton camp’s answer comes in two regions. First, they rehearse that the institutional confederacy

And second, the Clinton camp hopes that, if he is counted out, Obama, just 46, would suppose about his long-term events to come and ensure his be in possession of status as heir apparent by reconciling his followers to a bitter but temporary defeat and by throwing all his energies aft Clinton.

In effect, my intimate was saying that it may conveniently be farther than Clinton’s power to achieve the nomination without severely damaging the party. Only Obama can make her enchanting seem right.

davidbroder@washpost.com


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TRENTON, N.J.

And … New Jersey?

Yep. They all have lusty ties to the oft-maligned Garden State, and they’re among the principal 15 people to be inducted today into New Jersey’s new Hall of Fame.

“I think anything you get inducted to you feel good about,” said 82-year-old Berra, the famous New York Yankee catcher who lives in Montclair in northern New Jersey. “Heck

Berra, who’s lived in New Jersey for 52 years, is in good concourse.

In addition to Edison, Einstein and Morrison, the inaugural rank includes Frank Sinatra, Bruce Springsteen, Meryl Streep, astronaut Edwin “Buzz” Aldrin, Gen. Norman Schwarzkopf and Vince Lombardi.

The Hall of Fame exists merely as a implicit entity at this time, but officials are raising money to build a permanent museum.

The primeval class was chosen through an online vote after 25 finalists were announced in 2006.

John Lombardi said his grandfather, a mythical coach who led the Green Bay Packers to seven NFL championships, would get a kick out of his induction into the state’s entrance of fame.

“I kind of direct the eye at the bound of the ‘who’s who’ who are getting inducted and I kind of laugh because I’m like, Edison, Einstein, then my grandfather,” he related.

“I think he’d exist laughing out loud. He had a healthy ego, but I don’t intend he ever thought he was up there with those guys,” John Lombardi said.


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TWO tales of neighborhoods in conflict with themselves and the coming changes in the way we live illustrate how the decade will develop, and how neighborhoods will be at the forefront of the debate.

In lovely Magnolia and tranquil Mercer Island, talk of plans for different kinds of housing has been the ignition of revolt. The Magnolia record has been more fully told: Residents of that great place to reside object. They object to plans to include housing for the homeless on former federal land; they butt; goal to being dissed being of the class who “confluent,” and they fundamentally object to the foremost rule of the doctrine of development of Puget Sound cities: that life is about to change.

Seattle officials are attempting to corrupt 31 acres of the old Fort Lawton within some founded on guidelines, and that includes some housing for the homeless, some for low-income families and some homes at the steeper market rate. Mixed development is the most recent mantra of both city planners and housing advocates. I think it remains an open question how successful mixed use have power to be in some neighborhoods.

That said, the battle for around the coming events of Fort Lawton, Discovery Park and Magnolia residents is whether those acres should reach grassy plain, go affordable, or not be off anything. Certainly, the internal pressure to “end homelessness” in Seattle and the county in 10 years stokes every fear in neighborhoods that thought a certain age and character granted them immunity to change.

On Mercer Island, a like measure swords brews over 0.8 acres of city-owned land in the island’s First Hill neighborhood. Mercer Island City Manager Rich Conrad explained that because of a hole drilled for reservoir water elsewhere, the parcel became extended to development, or at least disputation of development.

“It could go to a private developer for three residential homes, it could rest open, it could become a image horse-cloth development for much smaller units, often called cottage housing,” Conrad uttered. He emphasized the management has even-handed begun and no decisions by the City Council have been made.

But it has not just begun for more Mercer Island homeowners. An oft-quoted duel at an island Starbucks about two years ago showed the regional growth and closeness organization, FutureWise, constrain the arm onward Conrad by saying while Mercer Island’s downtown has been densified, the rest of the city could use much greater density, by as much as 30 percent.

Conrad said similar conversations took place in Woodinville, Bellevue and half the cities on the Eastside at with respect to the same time. “FutureWise has since backed down and accepted our city’s comprehensive plan to retain the residential nature of the island, with plenty of extremely close buildings in the town center,” Conrad said.

That does nothing to stem the anxiety. Readers of the Magnolia conflict, being of the class who reported in The Seattle Times, have written letters to the editor that accuse their neighbors of NIMBYism, and of not being of generous heart. The city necessarily housing for the homeless. What’s the problem?

On Mercer Island, where I have lived for nearly 15 years, the discussions are similar, with some people thinking there are regional contributions a small city be under the necessity of make up for affordable protection, and more saying a neighborhood’s sense of common is so fragile, government intrusion is not desired.

Mercer Island City Hall prefers to call cottage or condensed housing units “alternate housing,” and, indeed, more cottage covering in Kirkland and in many is successful. Change is not guaranteed to be a success, however, and the impact of new kinds of housing without ceasing established neighborhoods is full of uncertainties.

Here’s a clue about the debates that will conjure up this region in the next decade: “People living next to Fort Lawton offer reasons that the city’s intentions, admitting noble, could cause commerce plethora, be augmented crime and isolate formerly homeless the million from services. Conservationists are frustrated, too. Magnolia is home of the largest active colony of great blue herons in the city … ” [The Seattle Times, April 26, “Hosting homeless: Magnolia objects,” by Sanjay Bhatt.]

Expect to read manifold more stories about the urban decline of soul of the universe, the contact of density and the push-back from neighborhoods as metro Puget Sound becomes a reality.

seattletimes.com”>


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My cousin thinks Jeremiah Wright walks on water.

He is a minister, my cousin, and for years, whenever I’ve visited him in Chicago, he has asked the same inquiry: Have I to the end of time attended one of the Rev. Wright’s services? When I said no, he would reprove me on the wonderfulness of Wright, the innovative ministries he has started, the liberation divinity he preaches. I owed it to myself, my cousin would say, to hear him speak.

Well, I’ve heard him. Call me unimpressed.

Wright, as everyone this side of the Kuskokwim River knows, re-emerged in a big track recently. Having gone into seclusion after inflammatory sound bites from his sermons forced his one-time parishioner, presidential candidate Barack Obama, to make a high-stakes speech on race in Philadelphia, the longtime pastor of Trinity United Church of Christ came out to plead his own case.

He started strong in every interview through Bill Moyers, went quickly downhill with a keynote address before the NAACP in Detroit, and crashed with an appearance at the National Press Club in Washington. Indeed, while some white observers, charmingly eager to pretend they are victims of oppression, accept contended by reason of months that Wright’s mostly striking sin is racism, this media blitz argues convincingly that Wright’s signature weakness is something else entirely: clownishness. With arrogance running a close second.

Not to deny Wright’s affinity for the racially charged sound outwit. His refusal to deny the old AIDS-was-created-by-the-government-to-kill-black-people canard was disappointing, to say the least, playing in the same proportion that it does into an unfortunate streak of paranoia and conspiracy theorizing that runs deep in the ebon community.

Similarly, his defense of Louis Farrakhan against charges of anti-Semitism

If you condemn bigotry when it is turned against people like you, only tolerate it when people taste you make acid it against someone otherwise, you forfeiture every one of call to the right high ground. You are a hypocrite acting only from narrow self-interest.

For all that, though, the thing about Wright’s lost weekend that stands out most conducive to me is his de-meanor in the two speeches he gave: nice, mugging for the cameras, signifying, jive-talking, acting the natural.

Did he absolutely tell an attack on him was an attack on the black church entire? Did he really make those faces and throw that silly salute? Why didn’t he accurate slap his hands together, yell “Dy-no-mite!” and have being done with it? Wright came from one side of to the other like drunken Uncle Buddy at the Thanksgiving table, the one who doesn’t know he’s not funny and won’t shut up.

More to the point, he did not come across in the manner of a reverend. Or likewise a Christian.

The heck of it is, he had insightful things to say about improvement, about difference, about reconciliation. But the messenger killed the notice.

It was bad plenty that Obama was finally forced to sever ties through him. Bad enough that conspiracy theorists wondered aloud whether Hillary Clinton had a hand in setting up the speeches. Which is crazy, but you understand where it’s coming from. Wright is this year’s Willie Horton. Except that in what place Willie Horton was made by George H.W. Bush, Wright made himself.

He had his chance to walk on supply with water but

lpitts@miamiherald.com


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Uncategorized 1:33 pm

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A CORPORATE event passed nearly ignored in Seattle hindmost week. Shareholders of a public company bit back at a plan for executive compensation.

The company is Fisher Communications, the owner of KOMO-TV, KVI-AM and other broadcast properties in the Pacific Northwest.

When Fisher’s board proposed the creation of 1 the great body of the people modern shares to means the incentive stock program, two East Coast investors owning 27 percent of the shares objected.

Fisher directors cut the request to 300,000 shares, that went to a vote at the annual meeting on Wednesday. Shareholders approved the 300,000 new shares, but only just: Holders of 48 percent of the shares voted no.

That wouldn’t have happened 20 years ago. Then, public shareholders were entirely docile.

Not any other thing. They begin to exercise their rights as owners
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