Countercharges

It’s been difficult to keep up with the charges and countercharges by the two groups vying to run El Paso Corp. However, as the march toward a June 17 annual meeting in Houston nears, the proxy battle for the board of directors most likely will rest on which group the shareholders find most credible: the current members, who have attempted to remake the company following a blistering two-year stretch, or the proposed board, composed of a group of energy professionals that claims it can do better.