an interesting look inside boardroom politics - steve ballmer and carl icahn. icahn wants good value for his investment and is encouraging shareholders of yahoo! to vote out the existing board - precedent exists in the recent Bear Sterns sell off where the British billionaire lost £800mn of his investment and wanted his money back.
the issues are nothing to do with long term goals and profitability of Yahoo! and how it can benefit the world or its shareholders - it has all to do with the greed of the single largest shareholder - sometimes it makes me wonder whether being a publicly owned company is such a good idea after all?
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