Reuters Blogs

DealZone

Behind the deals and deal-makers

March 6th, 2008

Icahn loses battle to his own lawyers

Posted by: Megan Davies
Tags: DealZone

icahn.jpgBlunt-spoken financier Carl Icahn, who has amassed a fortune worth an estimated $14 billion during a combative Wall Street career that spanned nearly 50 years, disclosed last month that he’s joining the Internet age by starting a blog. 

The blog, the 71-year-old Queens-born billionaire said, was aimed at sharing his often-scathing views about the state of corporate governance in this country, which he routinely disparages.  

So far, however, readers wanting a fix of the latest Icahn blast on The Icahn Report, have been disappointed, with the site simply sporting a dour picture of Icahn with the notation, “blog coming soon.” 

At a meeting last night, Icahn explained that he’s not suffering from writers’ block, but said his lawyers are stopping him.  ”Every night, I write for an hour and they tear it up,” said Icahn with a sardonic laugh.  

Icahn, who has a history of hiring lawyers away from top-notch firms so he doesn’t have to pay astronomical New York law firm fees, might want to consider hiring new lawyers?    

(Reporting by Dane Hamilton)

2 comments so far

[…] * I haven’t yet written much about my Buyouts East interview of Carl Icahn, but others have. Go here and here. […]

- Posted by Private Equity HUB - peHUB First Read

[…] Why some bloggers, especially those who are billionaires, hold back […]

- Posted by Sykes’ Saturday Seventeen: March 8th, 2008 Edition | Timothy Sykes - Stock Trader, Author, Entrepreneur

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word