Billionaire Investor Wants CEOs to Concentrate on the Bottom Line, Not the Fairway
Billionaire investor Carl Icahn places the blame for much of the recent corporate carnage squarely on the shoulders of the companies' boards of directors, which are supposed to keep an eye on the bottom line for the shareholders.
"The trouble with the country is that we don't have accountability. The boards in this country are not doing the job, and that's why you have the trouble on Wall Street," Icahn told ABC News' John Stossel.
Icahn, 74, has been called a corporate raider, renegade... Full Story
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