Icahn comments on his Lions Gate investment purpose.
Carl Icahn
Rite-Aid Shareholders Should Make a Citizen's Arrest
Epic failure awarded with millions in compensation at the drug retailer. Go, Corporate America!
Carl Icahn Drinks Trump's Milkshake in AC
Richard Wilner, writing in the New York Post, has the skinny on the opening verbal warfare in the battle of Carl Icahn vs Donald Trump. They are fighting over The Donald’s bankrupt casino assets, including the Taj Mahal. Trump on Icahn: “(He) runs companies so badly that I think it’d be really bad for the…
Hot Links: In The Bunker
Stuff I’m Reading this Morning… The SEC hedge fund probe is going deeper. (DealBook) Classic Crudele: What Bernanke should answer for in his hearing today. (NYP) I’m making this one the post of the day: Carl Icahn talks activist investing with Robert Shiller‘s financial markets class at Yale. (Greenbackd) Get yourself up to speed and…
Hot Links: Shangri-La Found?
Stuff I’m Reading this Morning… Templeton’s Mark Mobius sees another 40% gain for the BRIC nations. (Bloomberg) What Are The Best Hedge Funds Buying? Including John Paulson, Steve Cohen, Steve Mandel. (PragCap) The emperors drop some crumbs: Goldman and Buffett‘s plan to help small businesses. (Barron’s) 10 Most Annoying Things About This Recession. (TheDisciplinedInvestor) What’s…
A Letter From 2019
Dear Josh, It’s me: Josh…the You from 10 years from now, using the latest technology from Google to send an email to you from the future. Don’t freak out. Anyway, I’m just writing to let you know that the next ten years will be wacky, but everything turns out ok. For regulatory reasons, I obviously…
Hot Links: Imus, Hitchens & the Mancession
Stuff I’m Reading this Morning… Talk radio legend Don Imus is in talks with Fox Business. (LATimes) Wonk Wars: A recap of the regulation and markets debate between Greg Falkenstein and Justin Fox of CBS Money Watch. (Falkenblog) It’s official: Gawker is calling it the Mancession. LOL. (Gawker) These stocks actually dropped during the big…
Hot Links: Bling, the 90's, Wharton and American CEO's
Hot Links for Weekend Reading… What was the best post of the year in each of Knowledge@Wharton‘s first ten years? Here’s what David Merkel of the Aleph Blog thinks are the thirteen most important aspects to our current economy. The Wall Street Journal needs to look itself in the mirror after this one: The Bling Culture…
The Shareholder Bill of Rights: Better Late than Never
I’ll start off here with a caveat…I know that Chuck Schumer is pushing this bill because of the populist impression it gives, keeping in mind that some of his biggest fundraisers over the years have been pro-corporate entrenchment and traditional Wall Street interests. I also know that this is the type of after-the-fall legislation that…
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…
