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Indeed, about 60% of the directors facing the biggest opposition from voting shareholders were those who sat on compensation committees, Fenn noted. (Read "Why the Stock Market Looks Bullish for Autumn...
...brain loathes uncertainty. In laboratory experiments, humans actually fear uncertainty more than physical pain. We are simply wired this way. When we encounter uncertainty, the first thing we do is try to beat it back. The problem is, uncertainty may not be the biggest threat. It may be a distraction - the kind we have to cope with while we do the actual work of keeping ourselves alive...
...often the proceedings of the Communist Party of China resemble a detective story, but the Fourth Plenum of the 17th Congress, which just concluded in Beijing, fits the bill perfectly. In fact, the Plenum, the Party's biggest annual meeting at which major policy and personnel decisions are made, is being compared to the Sherlock Homes storyline in which the most significant clue is something that did not occur - the guard dog that didn't bark on the night of the murder. At the characteristically secretive Plenum, the equivalent clue into the mystery of who will be China's next...
This may come as a surprise, but with just days to go before the German parliamentary election, the suspense is building. For the past four years, Germany has been governed by a so-called Grand Coalition of the two biggest parties in parliament: the center-right Christian Democrats (CDU) and the center-left Social Democrats (SPD). Angela Merkel, the German Chancellor and leader of the CDU, hopes to drop her current partners and govern instead with the liberal Free Democrats (FDP). But a tight electoral race and the complexity of the German voting system mean that outcome is far from...
...final partnership is of significance far beyond Germany's borders. Under a black-and-gold government, Germany - the world's fourth-largest economy and second-biggest exporter - could embark on pro-market reforms and an overhaul of its tax, business and employment laws. Black and red means a continuation of the careful (some would say overcautious) politics of the past four years. Whatever the outcome, this election will be more interesting to watch than many in years past, if only to find out which colors will be en vogue this fall in Berlin...