Shareholders – Stand Up And Be Counted
By David Nelson, CFA Once again corporate raider and white knight Carl Icahn has launched an attack on the status quo. His latest battle, which pits him against board members and the management of eBay, shines a spotlight on a part of corporate America few get to see from the inside. Perhaps Gordon Gekko said […]
You’re Fired!
By David Nelson, CFA You’re fired! Whether it’s Donald Trump on The Apprentice, or your boss asking for your security pass, getting fired is an emotional event. Fear, failure and yes even panic are the first emotions we deal with. It often means tapping into savings and a step down in your lifestyle while you scramble […]
Freeport (FCX) CEO Adkerson Gets the Gold & Shareholders Get the Shaft
It’s only been a year since the board and management of Freeport McMoRan (FCX) launched a self-serving deal that lined the pockets of insiders while losing $Billions in market cap for shareholders. Here they are once again pushing the envelope on greed and incompetence. Yesterday the company awarded CEO Richard Adkerson 1 million restricted stock […]