Fidelity to...

For those executives who thought they might supplant Abby Johnson at the helm of Fidelity when dad retires, they're leaving the door ajar a tiny bit. My advice: Don't bet on it.

The dead tree edition of the Wall Street Journal told me lots I didn't know. Fidelity is a corporate governance scandal waiting to happen. The board is basically Johnson, Inc.

I guess I really ought to pay more attention to my tiny little proxy statements. But with Robert Gates gone to Washington, it takes more research to find out which fund directors to vote against.