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A lot of people died fighting tyranny. The least I can do is vote against it.
— Carl Icahn at Texaco annual meeting. Jan 20, 1988

Latest Post

Letter Responding to Local 54 Employees of Taj Mahal

To the Local 54 Employees Who Delivered a Letter to Me Yesterday:

I received the letter you delivered this morning and thought you made a number of interesting points.  In it, you correctly stated that I see myself “as the underdog fighting against entrenched corporate executives.”  But you were wrong when you stated that this time I am “fighting housekeepers, bartenders, food servers, bell people, cooks and cocktail servers.”  In fact, nothing could be farther from the truth.  The truth is that I am not fighting against the employees of the Tropicana and Taj Mahal.  I am fighting for those employees – fighting to save their jobs in the midst of a wholly unstable crisis – and my efforts are being mischaracterized and attacked by a union that exploits those employees for its own gain.

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The Shareholders’ Square Table (SST) is a platform from which we can unite and fight for our rights as shareholders and steer towards the goal of real corporate democracy.

When you sign up and become a member of SST, you’ll receive emails with timely information on the movement, and have full access to our website containing:

  • In depth reports about activism and various companies we are involved in
  • Insights on business
  • Commentary and criticism of certain actions by boards and CEOs
  • ‘No-brainers’ and ‘Absurdities’

Most importantly, our periodic posts will discuss what can be done to change our current, dysfunctional system of corporate governance.

While there are many good CEOs and boards there are far too many ineffectual ones that are strangling shareholders and the economy.