Quote
“Companies are much worse than you think,” says Carl Icahn on Fast Money. "I go to these board meetings and I don’t have to watch Saturday Night Live anymore because they’re so crazy. The boards are completely out of it.”

Ichan feels that CEO’s have a lot in common with the guys who were president of the college fraternity. They were well liked but not particularly smart. Most were political animals afraid to be around smart guys who might show them up.

Well, those are the same guys who went to work in corporate America and as Ichan says, "eventually you end up with all morons running the company."

from: Companies Are Worse Than You Think

Last edited by pondering_it_all; 09/19/08 11:05 PM.