31.   The activist shareholders complain the board has done little to reassure holders since news of the price-fixing investigation broke in late June.

32.   The board did a financial analysis and sought ideas from the residents, some of whom wanted the shack torn down and the roof turned into a recreation area.

33.   The board did not, and of course could not, point to the principal villain of this ugly tale of persecution, Dingell.

34.   The company declined to release specific earnings figures, saying that the Brau-Beteiligungs management board will do so later in the year.

35.   The Georgia board then did something more.

36.   The report said that if the board does that, it should require a vote throughout the LAUSD area because of the scope and impact of the breakup.

37.   Those speakers were divided over whether the board had done the right thing, and applause from members of the audience suggested that the crowd was similarly divided.

38.   Uniting them all were fears that the primary will be chaotic and that the election board has not done enough to head off potential problems.

39.   What corporate boards must do to ensure investor confidence, Bromberg said, is attract audit committee members that are independent and also knowledgeable about accounting issues.

40.   What actually goes on in boardrooms remains one of the best-kept secrets of corporate America, making it virtually impossible to know whether any board is doing its job.