Gm Streamlines Annual Meeting
General Motors Corp. officers ended the company’s smallest, cheapest and shortest annual meeting in decades Friday, but not everyone was happy with the streamlining.
“This is utter nonsense,” said John J. Gilbert of New York, one of three shareholders whose comments and questions at last year’s meeting helped stretch the session to more than four hours.
Gilbert and other shareholders were limited to 10 minutes of microphone time during the 2 1/2-hour session. But even with the limits, they managed to give it a circus-like atmosphere.