I am ignorant on the specifics but I have to believe that any attempt to limit stockholders rights is not a good thing.
whats disgusting is that proxy voting for retail shareholders is a joke as it is
now even though its a joke the ruling elite would like to even remove the nuisance, but they still want you to park your 401k’s and provide the daily bread
but hey this games have been crooked even before the tulips
And that's exactly why the headline was written as it was: to immediately set a negeative in the reader's head.
The source is the Washington Post. That should tell you something. For a much more balanced and honest take, read this at the Motley Fool:
http://www.fool.com/news/associated-press/2007/11/28/cox-will-be-punished-over-proxy-access.aspx