Carl Icahn

Hot Links: Icahn, Roubini, Sir Allen & Blockbuster

Hot Links for Weekend Reading It’s about time the Kaiser of Korporate Governance weighed in on the lack of accountability on the part of congress when doling out TARP (your) funds.  Carl Icahn wrote a sharp op-ed piece for the New York Times called “We’re Not The Boss Of AIG“.  The main thrust here is…

The Distressed Asset Sweepstakes Begins

Here are a pair of encouraging signs of the thaw… From Forbes:  Carl Icahn knows a good deal when he sees one.  Following months of anticipation, the billionaire and activist investor made a $200.0 million offer to acquire the Tropicana Casino and Resort in Atlantic City on Tuesday…year-earlier bids for the struggling casino were closer to $1.0…

Golden Age for Activist Investors? 'Bout Time!

“A lot of people die fighting tyranny.  The least I can do is vote against it.” – Activist Carl Icahn, Texaco Annual Shareholder Meeting 1998 Could 2009 be a Golden Age for Activist Investors?  Ken Squire wrote a pretty convincing case in Barron’s this week and I can only say that it’s about time. His…

Hot Links: When Giants Clash

Hot Links for Weekend Reading Shedlock vs Schiff The big hullabaloo in Wall Street Blogland this week was the unsolicited Peter Schiff beatdown issued by Michael “Mish” Shedlock (Sitka Advisors) on his Global Economic Trend Analysis site.  Mish was sick of all the “Peter Schiff Was Right” promotional videos floating around and decided to call…

Hot Links

Hot Links for Weekend Reading: As Dealbreaker clearly owns the Madoff Story, here is the best of their (relentless) coverage over the past week: Check out the post about the Bernard Madoff Securities promotional item that is a must have if there are any left on Ebay:  The Madoff Emergency Response Kit! Can’t make that…