Finance / United States
Shaking Things Up At The Top
June 2008 | Closing BellTo paraphrase Shakespeare, this summer is shaping up to be the winter of shareholders' discontent. The dismal performance of the equity markets aside, in recent weeks we have seen increasing calls by investors to shake things up at the top of some of America's largest companies. The season of discontent kicked off in earnest with activist investor Carl Icahn's declaration of war on Yahoo's leadership, calling for the ouster of CEO Jerry Yang for failing to seize Microsoft's takeover offer (which is now off the table).
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