Icahn: The Resless Billonaire

1. What is an activist investor and what does he/she do?
2. Which is the job of the Board of Directors of a company and who choose them?
3. Name at least 5 companies in which Carl Icahn has been an investor.
4. Tappan was one of the first Icahns investments, why Carl invested in it? Which was the stocks price and value according to Icahn?
5. Is Carl Icahn a vulture/pirate investor who takes advantage of shareholders and management, or is him a someone who defends the shareholders and makes corporate governance better? Justify
6. Read or hear (available in Blackboard) Rudyard Kiplings poem: IF- and discuss why many investors, including Warren Buffett, believe that it is an Investors Athem and how it relates to investing.