Carl Icahn’s Long String Of Failures

On Friday, Carl Icahn announced that he was stepping down from the Yahoo (YHOO) board 1.5-years after he first invested in the company in hopes of selling to Microsoft or somehow shaking it up. While he successfully won representation on its board, the whole thing was a big waste of time and money for the famous corporate raider. The stock was around $20 when he came, and under $17 after hours Friday.

Funny enough, during Icahn’s battle to get on the company’s board, Yahoo warned us about Carl’s track record with public companies, saying he frequently got into money-losing situations. – Businessinsider

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