Carl Icahn

Carl Icahn thinks that eBay should spin off PayPal, and to prove it, he said a couple of eBay’s more prominent directors have more conflicts of interest than he has years. What he didn’t know is that one of them, Netscape founder and Silicon Valley legend Marc Andreessen, has a fool-proof system for avoiding such delicate situations: Whenever one of the seven boards of directors on which he serves starts talking about an area in which he has an interest—presumably all of them—he just closes his eyes and puts his headphones on and, presto, no conflict of interest. Read more »


[via @cgasparino, earlier, earlier]

Carl Icahn was born in 1936, three years after the Glass-Steagall Act forever separated commercial and investment banking—for 66 years. Well, Uncle Carl remembers the Great Depression that led to Glass-Steagall, and he’s not so sure it’s a coincidence that the worst economic crisis since then occurred within a decade of its demise. Even if it means you won’t like him anymore. Read more »

Carl Icahn was hardened on the school playgrounds of Queens in the 1940s. He knows how to play the game. So what if everyone hates his non-binding Apple buyback proposal, which had absolutely zero chance of succeeding? He doesn’t need it anymore; Apple has already given him an early birthday present. Read more »

  • 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. Read more »

Contrary to the what certain people have implied (well, actually, said outright), one not-quite-octogenarian does keep his word. At least, he kept this one, and earned a handsome little return doing so. Read more »

Pershing Square’s Bill Ackman appeared on Bloomberg Television for an hour today from the Robin Hood Investors Conference in New York, telling Bloomberg TV’s Stephanie Ruhle that he’ll take his Herbalife bet “to the end of the earth” even as he has lost $400-$500 million on the investment. He also said that Herbalife longs are all 80-year old billionaires. Carl Icahn responded to Ackman in a conversation with Bloomberg TV’s Trish Regan, saying: “I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser…Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that’s also true of him.” Read more »