Monday, January 9, 2017

Boards Like Ebay Should be Responsible to Shareholders

Carl Icahn, the billionaire (greed is good) investor who has for decades imposed his will on companies, is now seeking to focus attention on the dysfunction in the nation’s capital and corporate boardrooms that he believes will likely lead to a collapse in financial markets.

Icahn’s message is coming not through a proxy battle or a well-timed Securities & Exchange Commission filing, but through a public service announcement. Icahn on Tuesday released a 14-minute video on one of his web sites called Danger Ahead, arguing that gridlock in Washington, Federal Reserve monetary policy and reckless CEOs are threatening to push financial markets and the U.S. economy over a cliff.



Submitted January 09, 2017 at 02:07AM by stockmarket911 http://ift.tt/2i7Ntb0

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