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The Icahn Report 

Shareholder Rights advocacy promoted by financier Carl Icahn
Post Frequency: 0.6/day Last Entry: April 16, 2009 at 15:18:25 Recent Entries: 181
By Carl Icahn
Go to The Icahn Report, find other Corporate Governance blogs, or browse all law blogs.
It's Up to the Shareholders, Not the Government, to Demand Change at a Company
Posted on April 16, 2009As seen on the Huffington Post. Several years ago, I bought a big chunk of 'distressed' debt in a major company and landed on the creditors committee when it filed for Chapter 11. Shortly thereafter, the bankers who were hired...
We?re Not the Boss of A.I.G.
Posted on April 01, 2009As seen in the New York Times BARNEY FRANK, the Massachusetts Democrat who heads the House Financial Services Committee, recently said that the government should sue American International Group to recover the $165 million in bonuses it paid to executives...
We?re Not the Boss of A.I.G.
Posted on April 01, 2009As seen in the New York Times BARNEY FRANK, the Massachusetts Democrat who heads the House Financial Services Committee, recently said that the government should sue American International Group to recover the $165 million in bonuses it paid to executives...
Bankruptcy Reform: A Necessary Component of Economic Recovery
Posted on March 16, 2009Edward E. Neiger is the founder of Neiger LLP, a creditor?s rights and bankruptcy law firm. Neiger LLP leads efforts on behalf of creditors and creditors? committees to help them recover as much money as possible. Neiger LLP also publishes...
Voting by Brand: Next Stage in Shareowner Empowerment
Posted on March 13, 2009Since 1995, James McRitchie has published CorpGov.Net, a popular corporate governance portal. According to the Council of Institutional Investors, a 2002 petition to the SEC co-filed by McRitchie and Les Greenberg, of the Committee of Concerned Shareholders, "re-energized" the debate...
In The News
Posted on February 18, 2009GE CEO Immelt Declines 2008 Bonus ? The Street TARP Reform and Limits on Executive Compensation- Race to the Bottom Soup-Kitchen Accounting for Banks - Dealbook Repairing a failed system ? VOX No Easy Way for Banks to Actually Demonstrate...
Corporate Boards That Do Their Job
Posted on February 17, 2009As seen in the Washington Post. The entirely preventable financial catastrophe we have watched unfold over the past 18 months has many culprits: reckless executives who gambled with their company's futures, feckless regulators and somnambulant boards of directors...
Capitalism Should Return to Its Roots
Posted on February 09, 2009As seen in the Wall Street Journal President Barack Obama's plan to limit executive pay to $500,000 a year?plus restricted stock?for institutions that get government funding is understandable. Still, salary caps are only a stopgap measure that fails to address...
In The News
Posted on February 04, 2009Frank Backs Regulator for Systemic Risk - WSJ Marty Lipton Takes Aim at Hedge Funds ? Dealbook CEO Pay: Not a problem... it's -the- problem. ? Daily Kos Obama to announce limits on executive pay ? MSNBC Dimon Says ?Not...
In The News
Posted on January 29, 2009The government and corporate governance ? TheDeal.com Intel adopts shareholder request for 'say on pay' ? Cnet What Red Ink? Wall Street Paid Hefty Bonuses ? New York Times Clamor for ?say on pay' gains traction ? Charlotte Observer Corporations,...
In The News
Posted on January 28, 2009AIG will still pay swaps team retention bonuses ? Raleigh News and Observer Cuomo subpoenas Thain in Merrill bonus investigation- FT.com/Alphaville Why Good CEOs Make Bad Moves ? Seeking Alpha
Improving Transparency, Regaining Investors' Trust
Posted on January 28, 2009Cindy Fornelli is executive director of the Center for Audit Quality, a Washington-based public policy organization serving investors, public company auditors and the markets. by Cindy Fornelli Prodded by the economic crisis, contributed to by events and actions both here...
In The News
Posted on January 27, 2009Shareholders Deserve Good Leaders ? Wall Street Journal Why We (Continue to) Pay Lavishly- Psychology Today Blogs CEOs Boosting Their Pensions While Workers Pensions go Poof- Huffington Post CEO pay consultants raising eyebrows- IndyStar.com
The Economy Needs Corporate Governance Reform
Posted on January 23, 2009As seen in the Wall Street Journal. In his inaugural address this week, President Barack Obama said "our economy is badly weakened, a consequence of greed and irresponsibility on the part of some," and due in part to "our collective...
Shareholder Voting Rights
Posted on January 22, 2009Jonathan Macey is Deputy Dean and Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale Law School. He is the author most recently of Corporate Governance: Promises Made, Promises Broken (Princeton University Press, 2008) available at...
In The News
Posted on January 22, 2009Largest TARP Banks Oppose Board Accountability for Effects on US Economy ? Corporate Disclosure Alert By Switching Their Charters, Banks Skirt Supervision ? Washington Post Merrill Execs Pay Selves Bonuses Ahead of Schedule (and Before BofA Closing) ? Naked Capitalism...
In The News
Posted on January 21, 2009Financial Regulatory Reform Is Coming- Dealbook Obama Should Have Overpaid CEOs Shaking ? TheStreet.com Bailed-Out French Bankers to Forgo Bonuses ? WSJ Group asks IBM to slash exec pay, stop offshoring U.S. jobs ? Times Herald- Record Questions for Mr...
Director Capture
Posted on January 20, 2009Jonathan Macey is Deputy Dean and Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale Law School. He is the author most recently of Corporate Governance: Promises Made, Promises Broken (Princeton University Press, 2008) available at...
Bankruptcy Rules Thwart the Recovery
Posted on January 13, 2009As seen in the Wall Street Journal The epic financial crisis afflicting the banking industry in the last 18 months is largely the result of cratering values of loans and other assets stuck on bank balance sheets. When the market...
The Right Way to Icahn-Proof Your Board
Posted on January 07, 2009As seen on Huffington Post The magazine Corporate Board Member is scheduled to come out with an article in their January issue entitled "How to Icahn-proof your board," according to marketing materials the publication sent out. Naturally I await this...
In The News
Posted on January 07, 2009Bank of America's Lewis says executives shouldn't get bonuses ? Cleveland.com Governance Expert: Apple's Jobs' Disclosure "Dismissive," Insufficient (AAPL) ? Silicon Alley Insider Paying the tax bills of company 'fat cats' ? Don?t Mess With Taxes
In The News
Posted on January 06, 2009CKE Restaurants Adopts Poison Pill Plan ? TheStreet.com Europe: Transformational M&A and Restructuring Deals on Horizon ? DealLawyers.com Regime Change and the SEC's Corporate Governance Agenda: #5 Compensation Consultant Disclosure ? Racetothebottom...
In The News
Posted on December 23, 2008CEO Use of Private Aircraft and the Delaware Approach to Compensation- Race to the Bottom Record number of M&A deals cancelled in 2008 ? FT.com What Makes the Best CEO?s? Mergers Can Help ? DealJournal Aer Lingus lambasts Ryanair bid...
In The News
Posted on December 23, 2008CEO Use of Private Aircraft and the Delaware Approach to Compensation- Race to the Bottom Record number of M&A deals cancelled in 2008 ? FT.com What Makes the Best CEO?s? Mergers Can Help ? DealJournal Aer Lingus lambasts Ryanair bid...
More Rights for Shareholders in North Dakota
Posted on December 17, 2008North Dakota may be cold this time of year, but shareholder activists are looking to make it a hot destination for public companies. ©iStockphoto.com/csreed Last year, partly as a result of a campaign I backed, North Dakota changed its laws...
Group Asks Obama for Greater Proxy Access
Posted on December 17, 2008Shareholders should have a right to know what risks their companies are taking, particularly after the white-knuckle 18-month market meltdown that erased trillions of dollars in wealth and a subsequent public bailout that jacked up U.S. national debt to exorbitant...
In The News
Posted on December 17, 2008Executive Pay Limits may Prove Toothless ? Washington Post JDSU to pay CEO $400K bonus within week of leaving ? Docu-Drama via San Jose Mercury news Poison Pills in the Oil Patch ? Motley Fool Why punish powerless and innocent...
More Rights for Shareholders in North Dakota
Posted on December 17, 2008North Dakota may be cold this time of year, but shareholder activists are looking to make it a hot destination for public companies. ©iStockphoto.com/csreed Last year, partly as a result of a campaign I backed, North Dakota changed its laws...
Group Asks Obama for Greater Proxy Access
Posted on December 17, 2008Shareholders should have a right to know what risks their companies are taking, particularly after the white-knuckle 18-month market meltdown that erased trillions of dollars in wealth and a subsequent public bailout that jacked up U.S. national debt to exorbitant...
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