Greenhill & Co Inc. (GHL)
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- Irate Icahn - Fast Money Recap (9/19/08) [view article]
- A First Look At How the SEC's Rules Are Working [view article]
- Resolution Meeting - Fast Money Recap (9/18/08) [view article]
- S&P 1500 Stocks With The Highest Short Interest [view article]
- Naked Shorted Stocks [view article]
- NYSE Stocks with the Highest Short Interest as a % of Float [view article]
- NYSE Short Interest Hits Another Record High [view article]
- Greenhill and Co's Valuation Out of Whack (GHL) [view article]
Recent GHL Articles
- Irate Icahn - Fast Money Recap (9/19/08)
- A First Look At How the SEC's Rules Are Working
- Resolution Meeting - Fast Money Recap (9/18/08)
- S&P 1500 Stocks With The Highest Short Interest
- Naked Shorted Stocks
- NYSE Stocks with the Highest Short Interest as a % of Float
- NYSE Short Interest Hits Another Record High
- Under The Radar News - Thursday
- Is the Fat Lady Coughing in M&A Terms?
- Greenhill: Priced for Perfection?
- Full List of Articles »
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Irate Icahn - Fast Money Recap (9/19/08) [view article]
Crocodilian:You need to read more critically. The article you linked is Yahoo propaganda. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
Kinabulu -- Icahn hasn't made any money for anyone but Carl Icahn in a very long time. There's a review of his record at:www.alleyinsider.com/2...-
It ain't good. . . Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
Just another comment on TWA. The major problem they had was a massively underfunded pension plan. Congress had just passed a law giving the PBGC a lien, with the same status as a tax lien (meaning, prior to everyone else), against the shareholders equity of any company they had to cover pension benefits for. This was a complicated area, not well covered in the financial statements, and it took a few years for accountants and acquirors to understand it. We always felt that if Icahn had understood this issue he would have avoided TWA as we did. It ultimately proved their downfall, along with recalcitrant unions, and the reason he couldn't turn them around. ReplyIrate Icahn - Fast Money Recap (9/19/08) [view article]
CrocodilianTWA was Icahns first real mistake. My company looked at acquiring TWA before Icahn went in and decided not to make a try for it because they had too many real problems. We concluded they were going to go broke no matter who bought them. After he bought his position we proposed a management solution to him which he turned down because he thought he could turn it around himself, and is sort of fiendish about cost control. I don't deny he was a greenmailer in some deals before it was illegal, but most of his deals pre-TWA benefitted all participants. He was, and probably still is, a very good investor with a very good eye for value.
People tend to forget that Icahn was originally a bond trader. In that business you make $ million trades constantly on verbal agreements. If you go back on one of those agreements no one will trade with you. That tends to instill a certain amount of integrity in a person. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
@Kinabalu[quote]
" Icahn is buying TWA? Buy! Buy! I don't care what the price is! Buy! If Icahn is buying, buy!
Icahn had more followers in the mid to late 80s than any other takeover artist. That was because he always made big money.
[/quote]
And how did TWA do? Went broke; Icahn did strip some assets for himself, but that didn't do the shareholder any good. The guy's a greenmailer, who's found a way to harass managements into paying him off. Contrary to the claim, investing alongside Icahn hasn't been much of a strategy-- he'll get bought off, but not you. He seems to have invested heavily in PR seeking an image as a corporate reformer. That's not what his record shows. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
CrocodilianIt's no mystery why Icahn is rich. He has been right many times. In the mid '80s I was a financial executive at a Fortune 500 firm. I was talking on the phone to a large investor in our company. He asked if he could put me on hold for a minute. He apparently pressed the hold button on the phone but didn't press it all the way. I could hear his excited conversation with an associate: " Icahn is buying TWA? Buy! Buy! I don't care what the price is! Buy! If Icahn is buying, buy!
Icahn had more followers in the mid to late 80s than any other takeover artist. That was because he always made big money. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
"Carl Icahn is angry and when the Queens-born billionaire gets angry, he also gets rich."Uh huh. Why this guy has any money at all is a mystery. What has he been right about? He's a greenmailer whose reputation vastly exceeds his performance. Look at his involvement in Yahoo-- what happened there? Zero. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
Yes Obama has that much stuff to change.When he made changes as a project director He could face some obstacles even though he made his mark as a director.Now he is planning to change the entire situation of the country He has that required stuff to make changes.
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Jeff Dean
[url=fsbo.fastrealestate.ne...]Homes For Sale By Owner[/url] Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
Yes jackooo add Chgo & Northwestern R. R. to the heap he jumped, pumped and dumped. He is just another greedy Wall St. card sharp, that doesn't give a darn about employees or Communities. ReplyIrate Icahn - Fast Money Recap (9/19/08) [view article]
Cantab, you offered some good information, which is common knowledge, but offered no solutions. That may be better then the Congress; they cannot even DEFINE the problems. Could it possibly be that they ARE the problem?Here are some changes I'd like to see:
1. Cut the size of Congress by one-half __ one Senator from each state, combine Congressional districts to cut the House by one-half. These people are falling all over each other to the point of MISrepresentation. It would take a Constitutional amendment __ NOT likely. But, is dead-weight ever a good thing?
2. All future government entitlements eliminated. All government employees on Social Security, with FICA payroll deduction beginning with all new hiring or military entry as of January 1. Again, NOT likely. "Sponges will "inertially" continue to soak up anything available."
3. Health care is not a right __ it is a product and a service. Does the government buy your food for you? Without food you will die, absolutely. Without health care you probably will not. You may die because OF the health care. I ask YOU, which one is more important? Spread the peril of needed health care over our 300 million population by making the U.S. government the insuror, with EVERYONE PAYING EXACTLY THE SAME PREMIUM __ TO THE PENNY!
4. For all of those who want higher taxes, add a line on all tax return forms below the amount of tax owed, so those who want higher taxes can make a contribution over and above what they would owe. I would not want to deprive them of the opportunity to show their generosity.
You already know that the stock exchanges are casions __ lets see if any of YOU out there have any ideas to change that.
Richard Collins
Claremont. CA
Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
obama is not black...at least not in an american way. when he served as Developing Community Project director in chicago 1985-1988, his staff grew from 1 to 13, in which the budget grew from $70,000 to $400,000.....so we know he is going to require more tax payer money to accomplish whatever it is (we still don't know what) he plans to change. ReplyIrate Icahn - Fast Money Recap (9/19/08) [view article]
Icahn (please note correct spelling) is on the right side of this issue. As far as protecting the rights and concerns of shareholders, Boards of Directors are a joke. The more they are paid the more suspicious you should be.jackooo: For the commentor who asserted Icahn looted TWA, wake up! TWA was a disaster before he got there. That was one of his biggest mistakes. Reply
Irate Icahn - Fast Money Recap (9/19/08) [view article]
The Stanford University did a survey and reported that about 30% of whites are not sure if they would vote for a black candidate as President. But, this survey purposely not to mention that over 92% of black will never vote for any Republican candidates for anything, even if the candidates are Black. How bias !! And all the medias are reporting exactly what the survey said. Wake up, America, cannot trust any media or surveys. ReplyIrate Icahn - Fast Money Recap (9/19/08) [view article]
I way pretty disappointed in the Carl Ichan visit to Fast Money. He seemed a little disoriented and was interested in telling long winded stories with no point. They kept rolling into commercials while he was talking. I felt bad for him. (Not sure how much sympathy I can muster for a billionaire.) He did not come off well. They should do some prep next time or keep him focused on a relevant point. There was not much value add to his appearance in fact it was a distraction form the overall show.I really enjoy when the Fast Money crew go to remote locations (Silicon Valley, Miami, Chicago, even the Time Warner Center) keep up the remotes.
Reply
charlie
Irate Icahn - Fast Money Recap (9/19/08) [view article]
Ichan for president! Reply