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...report, released this week by proxy-advisory firm Proxy Governance Inc., shows a spike in the number of shareholders casting votes against the election of a company director - even when the director was uncontested. The study found that about 10% of directors who were up for election in the first eight months of 2009 saw at least 20% of the shares either voted against them or withheld. That's up from 5.5% of directors in 2008. The percentage of directors seeing at least 40% of the shares voted against them more than doubled to 2.1% from 1% during the same...

Author: /time Magazine | Title: More Angry Investors Say, Throw the Boards Out | 9/23/2009 | See Source »

...Relief Program (TARP) to five banks. Community Bancshares of Mississippi was the largest recipient, getting $52 million in federal funds. All told, the government has spent nearly $5 billion in rescue funds in the past three months. Many of the recipients have been small banks. (See TIME's special report "The Financial Crisis After One Year...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

...TIME's special report on the environment...

Author: /time Magazine | Title: A Wind Shift Coming in the Global-Warming Debate? | 9/23/2009 | See Source »

Nicaragua's erstwhile Marxist Ortega, who calls his journalist critics "the children of Goebbels" after Hitler propaganda chief Joseph Goebbels, was the subject of a special report over the summer by the New York City-based Committee to Protect Journalists (CPJ) for his government's harassment of independent media. His bill would force every journalist to be licensed and signed up with the Sandinista-controlled Nicaraguan Journalists Association, an obscure guild to which only about 20% of reporters in the country now belong...

Author: /time Magazine | Title: Chávez and the Latin Left: Muzzling the Media? | 9/22/2009 | See Source »

...even the Sandinista leadership in the National Assembly appears to be backing away from the bill. Indeed, says the CPJ report, Ortega's antimedia animosity "is unusual in the region." And given how things seem to be going in the region, that's saying...

Author: /time Magazine | Title: Chávez and the Latin Left: Muzzling the Media? | 9/22/2009 | See Source »

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