Carl Icahn Finally Finds The Worst Company In History

Carl Icahn has seen some badly-run companies in his many, many days. Dell. Netflix. Clorox. Pershing Square Capital Management. But he’s never seen anything quite like the corrupt catastrophe that is eBay.

Ticking off a list of corporate disputes he’s been involved in, Icahn said he’s “never seen worse corporate governance than eBay….”

Icahn said Wednesday the idea that there were no other bidders for Skype is a myth.

“Don’t tell me that Microsoft suddenly had an epiphany … and decided only a year and a half later, ‘Wow, we’re only going to pay $6 billion more.'”

EBay is worst-run company I have ever seen: Carl Icahn [CNBC]

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Comments (9)

  1. Posted by Guest | March 5, 2014 at 4:06 PM

    getting tired of this old shithead

  2. Posted by Guest | March 5, 2014 at 4:15 PM

    Apple suddenly fell far from the tree?

  3. Posted by one can hope | March 5, 2014 at 4:28 PM

    Shaz, any thoughts on writing letters to shareholders full-time for Carl?

  4. Posted by UBS quant | March 5, 2014 at 4:33 PM

    I just bought a new Rolex off eBay for only $200!! Wow…did I just get on over on the poor shmuck.

  5. Posted by I was there | March 6, 2014 at 5:58 AM

    Icahn becomes predictable. First he buys a small share. Then he starts badmouthing the management. When the share price drops, he buys a bigger share. If he wins, he puts his puppets on the board and starts plundering. If he loses, he waits until the ruckus dies down and quietly sells for a profit. It's a scam with only one winner.

  6. Posted by Sango | March 6, 2014 at 11:45 AM

    Gee, you don't say…

  7. Posted by jj minihan | March 6, 2014 at 3:52 PM

    That was a "Faux-lex" , you bought

  8. Posted by jj minihan | March 6, 2014 at 3:53 PM

    No one cares what you think …… zzzzzzzzzzzzzzzzzzzz

  9. Posted by Abraham | March 9, 2014 at 9:39 AM

    except in this case his tactics will have a positive result this time