Thursday, October 23, 2008

Carl Icahn & United Shareholders of America

"Activist investor" Carl Icahn had a terrific post on Tuesday criticizing the limitations Treasury Secretary Paulson has put on institutions accepting bail out money and on the executives that ran / run those companies.

Icahn believes that shareholders should have the "immediate right to call a special shareholders meeting to elect new board members".

He is calling for people to join his "United Shareholders of America" campaign "for improved corporate governance"

Bravo.

1 comment:

robert said...

Agreed.