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Carl Icahn Once update as new details emerge

Current reporting indicates Legendary investor Carl Icahn once walked through a company he had just taken control of and tried to understand what entire departments actually did, but he couldn't figure it out. Additional sourcing indicates And why activist investors like him step in to make drastic changes., The founder and controlling shareholder of Icahn Enterprises (NASDAQ:IEP) used the story to explain how deeply inefficient some companies can be.

Legendary investor Carl Icahn once walked through a company he had just taken control of and tried to understand what entire departments actually did, but he couldn't figure it out. Additional sourcing indicates And why activist investors like him step in to make drastic changes., The founder and controlling shareholder of Icahn Enterprises (NASDAQ:IEP) used the story to explain how deeply inefficient some companies can be. The latest accounts show A Lesson In Corporate Waste following buying into the business, Icahn reported he tried to understand how it operated. According to updated reporting Talking to employees and taking notes., He spent days going floor by floor. Additional sourcing indicates [I] go back home, take a look at my yellow pad, I can't figure out what the hell they do, he reported at the New York Times' DealBook conference in 2015. The latest accounts show Don't Miss: The confusion only grew.

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  • Benzinga — Carl Icahn Once Fired 12 Floors Of People In One Sweep Because He Couldn't 'Figure Out What The Hell They Do' - Icahn Enterprises (NASDAQ:IEP)
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