Does the White House associate itself with that type of corporate stewardship in the sense that Immelt is its leading avatar or representative to the corporate world?
The New York judge granted Greenlight an injunction that prevented Apple from holding a vote on corporate governance changes which, according to a representative from shareholder Calpers, had broad support from other shareholders.
Representative TOM DAVIS (Republican, Virginia): Punishing individual corporate executives with public floggings like this may be a politically satisfying ritual, like an island tribe sacrificing a virgin to a grumbling volcano.