Mr. Icahn stated that in the next few days, he will respond to this morning's article in the Wall Street Journal entitled "Icahn Ends Feud With Yahoo, Setting Up an Uneasy Truce -- Blockbuster Saga Suggests Rocky Road Ahead for New Board." The response will be made on his blog, The Icahn Report. While he appreciated the Journal alluding to him as a "genius" -- The article misses Mr. Icahn's basic thesis that having shareholder representation on boards is exactly what our economy needs and the facts bear this out. Also, the interview omitted several important quotes such as, "I am very much for CEOs making a lot of money if they are doing a good job for shareholders and the company, however it's unconscionable that a CEO receives a large bonus when shareholders and the company are doing poorly." Additionally, today's blog "How I Spent The Weekend" discusses the situation concerning Yahoo. Subscribers to the blog have already been made aware of this information.
Carl C. Icahn
CONTACT: Susan Gordon for Carl C. Icahn, +1-212-702-4309Story Source: PRNewswire
