Tech101

Icahn Should Give Up Running Other People's Money

Carl Icahn will teach you how to steal every penny from the minority shareholders when he is the majority shareholder and the chairman of BOD as well:

"Shareholders Get No XO From Icahn" (WSJ)
online.wsj.com/article...

"With Friends Like Carl Icahn…." (NYTimes)
executivesuite.blogs.n.../

"Shareholders Get No XO From Icahn" (WSJ)
online.wsj.com/article...

"The Kettle? The Pot Says He’s Black" (NYTimes)
www.nytimes.com/2008/0...

Carl Icahn's Latest Shuffle (Washington Post)
www.washingtonpost.com...

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On Oct 28 11:36 PM Gary A wrote:

> I could be wrong, but Icahn is a bit of a maverick and is against
> the big boys taking advantage of the prepackaged bond workout for
> CITI. It appears that the bondholders will get a bad deal if the
> big boys do this workout. Icahn taught me yesterday that in prepackaged
> bankruptcy, the commercial banks in on it get a big cut out of the
> company. That is just plain wrong. Let the companies go into regular
> bankruptcy where the assets are protected from the investment banking
> vultures.
>
> For that info I view Icahn as a pretty straight up guy, at least
> regarding CITI.

Icahn Should Give Up Running Other People's Money

It is not about win or loss. It is about personal integrity.

Simply put, Carl Icahn is a notorious hypocrite and one of the most shameless "investors" in the American financial history.