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Why should investors lose a voice in who runs their companies?

Last week, I wrote about the SEC's horrible new rule making it easier for companies to keep outside candidates for director off the ballot.

But after Gary Weiss chastised SEC Chairman Chris Cox and the media for not paying attention, I had to return to the topic. Weiss's comments are right on:

... the media has been comparatively silent over the SEC's capitulation to corporate lobbyists, such as the Business Roundtable and U.S. Chamber of Commerce ... Chris Cox, very much a "politician" as Gretchen points out, is blowing with the wind -- which is an utter indifference to investor rights in the Bush administration.

Continue reading Why should investors lose a voice in who runs their companies?

At the bell: eBay 'is getting boring'

Every day can't be a gangbuster, especially in the yawning spaces between earnings releases and new product news. Today was a sleeper, with only a little news on a little deal made by Skype, and a little drop of $0.44 for the trading day. eBay closed at $34.49. In after hours trading since the bell, the movement is a whopping one penny.

As one message board poster said, "this stock is getting boring."

Sometimes, though, boring is good. "Boring" can mean any number of things from "decent long-term value" to "calm before the storm" to "buying opportunity." What do you think?

Symbol Lookup
IndexesChangePrice
DJIA+73.0311,288.54
NASDAQ-6.082,245.38
S&P 500+1.381,262.90

Last updated: July 06, 2008: 06:44 PM

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