So, apparently Carl Icahn has made six posts already on his blog, dating back to June 12th, even though the site was not even up yet. Impressive. Where'd he procure that time machine?
Icahn has already hit a broad range of topics ranging from his fierce opposition to "poison pills" to the myth of corporate democracy.
He seems to love using the word "absurdity," as three of the titles of his posts include the word: "Absurdity of the Corporate Board Elections," "Absurdity of the Staggered Board," and finally, "Absurdity of the Poison Pill."
That's a lot of absurd things in Corporate America.
Icahn puts forth a lot of ideas to improve what he believes are hindrances to shareholders' rights, including the elimination of poison pills and staggered boards. He calls the way that CEOs today actually become CEOs a "survival of the unfittest."
Icahn declares, "allow[ing] entrenched corporate interest to sustain this anti-shareholder regime is outrageous." Another great line: "It is the top level management that hangs like an albatross around the company's neck."
Well said, Carl. Keep the material coming.
Corporate Democracy Is A Myth [Icahn Report]
-- Senior Icahn chronicler Travis
Posted by guest , Jun 19, 2008 5:24PM
We will not go quietly into the night! We will not vanish without a fight! We're going to live on! We're going to survive! Today we celebrate our Independence Day!
Carl was ahead of his time.
Posted by guest , Jun 19, 2008 5:26PM
He borrowed the time machine from Mr. Israel.
Posted by guest , Jun 19, 2008 5:33PM
No doubt he'll invite Marty Lipton to do some guest blogging....
Posted by guest , Jun 19, 2008 5:37PM
i hear john meriwether is starting a blog about how cool it is to loose other peoples money
Posted by Anal_yst , Jun 19, 2008 5:38PM
Methinks Carl's watched Wall Street a few too-many times...
Posted by Finnegan , Jun 19, 2008 7:10PM
Who is Travis?
Posted by Cincinnatus C , Jun 19, 2008 7:53PM
is this where i ask where carl got his flux capacitor?
Posted by NotNasser , Jun 19, 2008 7:55PM
"albatross"??? He can't do better than that hoary cliche?
Ah well, at least it had a fine literary origin, abused though it has been by time.
And I had done an hellish thing,
And it would work 'em woe:
For all averred, I had killed the bird
That made the breeze to blow.
Ah wretch! said they, the bird to slay
That made the breeze to blow!
Posted by guest , Jun 20, 2008 8:44AM
I fear thee ancient mariner.
Posted by guest , Jun 20, 2008 9:52PM
"He seems to love using the word "absurdity," as three of the titles of his posts include the word: "Absurdity of the Corporate Board Elections," "Absurdity of the Staggered Board," and finally, "Absurdity of the Poison Pill.""
Duh. That's because he is Muffie Benson-Perella.