Icahn Down On U.S. Economy, Corporate Governance

Jun 11 2008 | 2:00am ET

The average American probably accepts the economic slowdown as collateral damage of good times gone by, and thinks that it will eventually right itself. But Carl Icahn, the famed activist investor, hedge fund manager and so-called corporate raider sees things a bit differently.

In fact, Icahn says the country faces real economic problems due to corporate board members who mostly “don’t know what the hell they’re doing.”


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