AOL Money & Finance

iep posts

Feed

Carl Icahn's wife at center of wrongful termination lawsuit

Carl Icahn has spent decades shaking up self-dealing, cronyism and nepotism at public companies all over America but, according to a new lawsuit, there were some problems at his own office too.

Sandra Silva, of Cliffside Park, N.J., and Valerie Romano of Ridgewood, Queens, former Icahn employees in their mid-thirties, have sued, alleging that Icahn's wife, 59-year old Gail Golden and her friend systematically excluded them from activities -- and then fired them for no reason.

Continue reading Carl Icahn's wife at center of wrongful termination lawsuit

Would you trust BEA management or Carl Icahn with your money?

BEA Systems (NASDAQ: BEAS) finds itself defending its rejection of Oracle's (NASDAQ: ORCL) takeover offer of $17 per share as the stock plummets -- and with good reason. Take a look at the chart comparing the return BEA Systems has provided for its shareholders, and compare it with the return Carl Icahn's company, Icahn Enterprises (NYSE: IEP) has provided. Note: Icahn Enterprises recently changes its name and ticker from American Real Estate, ticker ACP to IEP. The ticker used in the chart is ACP.

Having looked at the chart, ask yourself: Who was better poised to make a decision about shareholder value? The company's outside shareholders including Mr. Icahn, or an entrenched management team that has simply failed to generate value?

Symbol Lookup
IndexesChangePrice
DJIA+44.2910,291.26
NASDAQ+15.822,166.90
S&P 500+5.501,098.51

Last updated: November 11, 2009: 08:19 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance