Shareholders Saying "No" to Say on Pay

"Say on pay" measures were on the proxy for DuPont and Johnson & Johnson.  In both cases shareholders rejected the measures (DuPont here and J&J here). Don't know if that's typical of all say on pay measures. Though I'll admit to being surprised at the results.  Meanwhile, the financial reform package making its way through Congress contains a mandatory say on pay provision.  Reticence to move too quickly out in front of the Feds might account for the failure of the question at both DuPont and J&J. 

-bjmq