(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
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.
Join the United Shareholders of America: The Icahn Plan
Posted on October 07, 2008One of the biggest problems we face today is the egregious mismanagement and reckless incompetence of many American corporate boards which utterly fail to do their primary job of holding managements accountable. Many board members are often beholden to managements...
Bailout Plan Must Include Corporate Governance Changes
Posted on September 26, 2008With the shocking collapse of multiple banks and financial institutions in recent months and staggering losses to shareholders, Congress clearly needs to forge a bailout package to stall the economy from further downward spiral. In my view, the primary factor...
Say On Pay
Posted on September 26, 2008John McCain and Barack Obama finally agree on something: corporate accountability. 'Say on Pay' has become a hot topic in the 2008 elections and highlights our faulty corporate structure. 'Say on Pay' may be the first step in emphasizing to...
Corporate Waste Brings this Nation Closer to the Brink
Posted on September 19, 2008Few things bother me more than the titanic government debt load this country carries from years of reckless government borrowing and spending. We really have no ability to repay this debt, other than by continually issuing new debt to pay...
We Pay So Much For So Little
Posted on September 17, 2008With the monster financial meltdowns of the past month, the time has clearly come for shareholders to exert their rights and bring about major changes in corporate governance in America. I intend to use this blog as a forum and...
3 Senseless Steps in A Proxy Contest
Posted on August 27, 2008Proxy contests are expensive and time consuming partially because they are littered with inane technicalities. Technicalities that seem to exist solely to exasperate the shareholder. In this post, we evaluate a few to illustrate the absurd steps an entrenched board...
Lipton Defends the Indefensible, Again and Again
Posted on August 25, 2008Marty Lipton, the prominent Wachtell Lipton lawyer whom I have sparred with on numerous occasions, is no stranger to hyperbole about the "sanctity" of the corporate boardroom, but his latest comment about Anheuser-Busch is way over-the-top. In a July 24...
Response to WSJ Opinion Piece 'Why Carl Icahn Is Bad for Investors'
Posted on August 12, 2008There will always be those who will defend the status quo in corporate governance and attempt to justify the indefensible. The Aug. 1 Wall Street Journal op-ed article, "Why Carl Icahn is Bad for Investors," by UCLA law professor Lynn...
Concerning the Annual Yahoo! Meeting
Posted on July 31, 2008I will not be attending. The proxy fight is over and it will not do shareholders or Yahoo! any good to have the annual meeting turn into a media event for no purpose. Last week, I realized it was impossible...
Response to Wall Street Journal article of July 22, "Icahn Ends Feud with Yahoo, Setting up an Uneasy Truce."
Posted on July 31, 2008Historians will marvel at why the press won?t write more about the egregious abuses and mismanagement at corporate boards in America and the Wall Street Journal article of July 22 is a good example of this abdication. The article states...
How I Spent My Weekend
Posted on July 22, 2008Proxy fights are very expensive and time-consuming. Unlike political elections, where change is often seen, it is unfortunately extremely difficult to take control of a company. By the end of last week, I realized that although many large shareholders supported...
Absurdity of the Golden Parachute
Posted on July 18, 2008A golden parachute is a binding agreement between a company and an employee (most often a CEO but in some cases all the employees) detailing considerable benefits for the employee if the employee is terminated or retires. When executives retire,...
It's Not That Simple Eric
Posted on July 16, 2008When I launched the Icahn Report, The Chicago Tribune published an article by Eric Benderoff 'Memo to blogger Icahn: Give power to the people, not your lawyers,' on June 19, 2008. The article attacked the Icahn Report for its format...
Icahn Issues Press Release Containing Open Letter to Yahoo! Shareholders
Posted on July 14, 2008The following press release (PDF) regarding Yahoo! was issued on July 14, 2008.
Definitive Proxy Statement on Yahoo!
Posted on July 14, 2008Attached for your information (PDF) is a definitive proxy statement we filed on Yahoo! on July 14, 2008.
My Responses to Your Comments
Posted on June 30, 2008On Corporate Democracy is a Myth... Dan writes... Carl, I think we have a great opportunity in this election year to take back our boards. Why dont you set up some form letters on your site here that can email...
Regarding Your Comments on Yahoo
Posted on June 27, 2008Many of you have been asking me about Yahoo. Please remember I am in the middle of a proxy fight. A proxy fight involves a complicated process of SEC approvals, federal securities laws, filing requirements and a great deal of...
Corporate Democracy is a Myth
Posted on June 18, 2008Recently, there has been a great deal of outrage concerning the huge pay and severance packages awarded to a number of CEOs. There has been much criticism of the fact that CEOs earn 520 times that of the average worker....
Absurdity of Corporate Board Elections
Posted on June 16, 2008This country's corporate democracy ? the primary mechanism of which is the election of a company's board of directors ? is ineffectual. Every year, a company will circulate a proxy statement to its shareholders for their vote on a slate...
About CEOs ? Anti Darwinian Metaphor ? Survival of the Unfittest
Posted on June 16, 2008The following is a metaphor I use. While it is slightly facetious, there is much truth to it. But keep in mind, there are many CEOs, even some I have sparred with, that are exceptions. Often, their companies are undervalued...
Absurdity of the Staggered Board
Posted on June 15, 2008With a staggered board, board members are grouped into classes. Each class typically represents about a third of the total number of directors, and only one class comes up for election in a given year, thus assuring that it will...
Comments on Sandy Weill's Statements Concerning Citigroup
Posted on June 14, 2008To public companies, activist investors might seem a bit confrontational. How else would they describe someone that is buying shares, trying to replace a board and sending an open letter to current directors citing their unreasonable behavior? But let's face...
Absurdity of The Poison Pill
Posted on June 13, 2008The poison pill prevents any shareholder, or a group of shareholders acting in concert, from owning more than a certain percentage of a company by allowing all other shareholders to purchase shares at a lower price in the event one...
Thanks for the Support
Posted on June 12, 2008Thank you for your comments. I am impressed that so many people support this cause. I appreciate the readership and will do my best to expose the worst of corporate America. One emailer wrote he would like to be "a...
Previous
Report Offers Motor Vehicle Accident Death Rates in Frederick County, Maryland Between 2001 and 2006
A recent analysis by the Frederick News-Post of deadly accidents i...
Insurance Department Issues Second Annual Ohio Medical Liability Closed Claim Report
COLUMBUS — The Ohio Department of Insurance has issued its secon...
UNICEF report on Gender Equality and Children
According to a report from UNICEF, despite the international commu...
Report on Opening Records for Adult Adoptees
"FOR THE RECORDS: RESTORING A RIGHT TO ADULT ADOPTEES Author: Made...
Mitchell Report Summary
Report on Steroid Drug Use in Major League Baseball by Senator George Mitchell
Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act
I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...
I had an account with GEMB/Select Comfort to buy a new bed back in 2005. After paying it off (in 2006), I requested they close the account. In January of 2008, I declared bankruptcy (chapter 7). The creditor was NOT list
if you did pay it off before the bankruptcy and it wasn't listed as a accou...
Can driving accident be cause for termination?
If your state is an at-will state, the company can fire you for any reason or fo...
My father died and left my mother $200,000 (life insurance) My Mother died 2 years later leaving my sister and I with both about $75,000 each. (including house/vehicles/belongings which I never got). We were supposed to
File a police report. Two police reports, one for you and one for your sister. G...
Some elses debt is being reported by a bank to the crecit agencies. They know and have ackowledged it is not mine, yet it is still being listed as mine. it was my son's and no I didn't co-sign. It is adversly
It is easy for the bank and the credit reporting agencies to clear this confusio...
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...
I had an account with GEMB/Select Comfort to buy a new bed back in 2005. After paying it off (in 2006), I requested they close the account. In January of 2008, I declared bankruptcy (chapter 7). The creditor was NOT list
if you did pay it off before the bankruptcy and it wasn't listed as a accou...
Can driving accident be cause for termination?
If your state is an at-will state, the company can fire you for any reason or fo...
My father died and left my mother $200,000 (life insurance) My Mother died 2 years later leaving my sister and I with both about $75,000 each. (including house/vehicles/belongings which I never got). We were supposed to
File a police report. Two police reports, one for you and one for your sister. G...
Some elses debt is being reported by a bank to the crecit agencies. They know and have ackowledged it is not mine, yet it is still being listed as mine. it was my son's and no I didn't co-sign. It is adversly
It is easy for the bank and the credit reporting agencies to clear this confusio...
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| GoDaddy Hosting
All original material � 1999-2011 by USLaw.com. |