Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Tuesday, October 07, 2008
Carl Icahn United Shareholders of America
Carl Icahn has announced the United Shareholders of America (USA): The Icahn Plan. Just a few weeks short of the presidential elections and most likelyanticipating a new regulatory regime in financial services Carl Icahn is aggregating voices and hoping to create additional influence. His comments are usually well respected but he has a habit of making big complaints, getting onto boards and then making some kind of a deal with exit features for himself. Not sure if I want to surf with this guy even if he is very rich and does not need a day job