Archive for Wednesday, February 06, 2008
The website will be a forum on corporate governance, one of the billionaire investor’s pet topics.
Billionaire investor Carl Ichan said Tuesday that he was starting a blog to discuss ideas on corporate governance, an area in which he has strong opinions.
“This country is losing its economic hegemony,” Icahn said at a corporate governance conference in New York. “I want to see who is interested in this. I really think there’s a lot to do.”
The blog, whose address is www.icahnreports.com, will be a forum where readers can respond or present ideas and Icahn will respond.
He said it won’t be for discussing investment ideas necessarily but mainly about corporate governance. It won’t discuss companies in which he has stock.
The 71-year-old investor has a long history of agitating for change at companies; he said he thought many companies were mismanaged.
“With some exceptions, boards really are not doing their job in this country,” he said.
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