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Only proxy votes cast by major institutions and used by Abbey chairman Lord Burns to block the motion put by small investor Richard Pout prevented an embarrassing delay that might have derailed the takeover.
Wallace, 43, comes to the post after an embarrassing delay following the firing of Morgan.
Investors sense bigger problems for the chancellor than an embarrassing delay in a £2bn share sale.
On May 22nd she had to announce an embarrassing delay in the introduction of mandatory "home-information packs".
It is the second embarrassing delay to A380 deliveries from the European aeroplane-maker in recent months.
Investors, hoping for more savings, were unimpressed with the chipmaker's plans.Sony announced another embarrassing delay to the launch of its PlayStation 3 games consoles in Europe.
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But its refurbishment, which has been supervised by the Belgian government, has suffered embarrassing delays.
HOUSTON — Despite embarrassing delays and trouble with its equipment, Shell remains confident that it will get final approval from regulators and be able to begin drilling for oil in Arctic waters off the Alaskan coast this summer, the oil company's top Alaska executive said on Friday.
Indeed, BP is in a better position than most, in that it is still clinging to its prolific Russian joint venture, TNK-BP, despite the Kremlin's growing hostility to foreign investment in oil and gas projects.Likewise, the whole industry is experiencing embarrassing delays and cost over-runs with complex projects like Thunder Horse.
A court there ruled that his behavior in that case and others had included "bringing several frivolous claims; contacting represented parties directly; using litigation to embarrass, delay or burden third parties; and failing to diligently represent a client".
Beyond just embarrassing, the delays were consequential; they cost school districts and local governments millions in borrowing fees.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com