After a pitiful year full of mismanagement, failed product launches and a falling stock price, I was sure that RIM shareholders would hold those responsible accountable. Apparently not.

[ad#Google Adsense 300×250 in story]RIM’s co-CEOs and the Board of Directors were not only let off the hook, the shareholders re-elected all of the board members. According to Reuters, the preliminary count was about 90 percent support for each board member.

Not only that, a shareholder motion that would have forced Mike Lazaridis and Jim Balsillie to give up their co-Chairman roles, was withdrawn. RIM promised to set up a committee to study the situation.

Lazaridis told shareholders that the delayed BlackBerry Bold is late, but “we’re going to come out ahead.”

Sounds like more of the same useless promises from RIM management.

The shareholders of RIM get what they deserve at this point. They will look back at this meeting and wish they had taken decisive action.