• Most Popular
  • Most Shared

Icahn to start blog on corporate governance ideas

Tue Feb 5, 2008 5:30pm EST

NEW YORK, Feb 5 (Reuters) - Billionaire investor Carl Ichan on Tuesday said he is establishing a blog to discuss ideas on corporate governance, an area in which he has strong opinions.

Mergers & Acquisitions  |  Funds News  |  ETFs News

"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 URL 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 to discuss 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 and said he believes that many companies are mismanaged.

"With some exceptions, boards really are not doing their job in this country," he said.

Icahn also said he is supporting John McCain for president because he thinks the government is too large. He specifically said he's opposing Hillary Clinton because she represents big government spending programs like health care. (Reporting by Dane Hamilton)



More from Reuters

Photo

Obama blames "systemic failures" for plane attack

KANEOHE, Hawaii (Reuters) - President Barack Obama on Tuesday blamed "human and systemic failures" for allowing a botched Christmas Day attack aboard a Detroit-bound airliner and a U.S. official said the incident was linked to al Qaeda. | Video

A man passes by a logo of the Tokyo Stock Exchange at the bourse in Tokyo December 29, 2009. REUTERS/Yuriko Nakao

Tokyo trade gets turbocharged

The "Arrowhead" gives Asia's largest -- and long derided -- bourse a viable electronic trading platform, it hopes.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary