Facebook Is Facing Rising Investor Unrest

Facebook (NASDAQ: FB)hosted its annual shareholder meeting last week, which merely served as a reminder that CEO Mark Zuckerberg rules the company with absolute authority. With roughly 60% voting power, His Zuckness can singlehandedly vote any director or official proposal in or out. The company was able to announce the voting results of all proposals, which included shooting down a shareholder proposal that would recapitalize Facebook's class structure into a single class, eliminating supervoting Class B shares.