• 13 Dec 2013 at 5:26 PM

CalPERS Not Interested In Carl Icahn’s Dinner Plans

The giant pension fund’s corporate governance honcho, Anne Simpson doesn’t like Carl Icahn’s jerk-off plans. She doesn’t like his jerk-off Twitter account. And she doesn’t like him, jerk off. Uncle Carl had better keep his goldbrickin’ ass out of her beach community state.

Anne Simpson, the head of corporate governance at Calpers, or California Public Employees’ Retirement System, said Thursday the pension plan won’t be supporting Mr. Icahn’s push for a bigger buyback at Apple as they are happy with the company’s already-announced plan for its capital. In the process, she called Mr. Icahn a “raider” a “Johnny come lately” and criticized his tweeting about dinner with Apple CEO Tim Cook as “unseemly….”

“We are uncomfortable with a raider coming into a company with a proposal to disgorge cash,” Ms. Simpson told Bloomberg. “Carl Icahn is a Johnny come lately.”

Calpers Blasts Icahn’s Apple Plan: ‘Icahn Is a Johnny Come Lately’ [WSJ MoneyBeat blog]

Comments (2)

  1. Posted by guest | December 13, 2013 at 5:30 PM

    DAMN IT SHAZAR, STOP PULLING OUT THE LEBOWSKI QUOTES AND MAKING ME LIKE YOU!

  2. Posted by @corpgovnet | December 14, 2013 at 12:22 PM

    True, Icahn’s plan makes him look like a Johnny come late with his hand extended way out. However, Apple's got to do something with that cash (actually, probably Treasury bonds). Buy a bunch of companies (I'd like a better plug and play printer). Hire someone like Warren Buffett to put that treasure pile to better use.