clock menu more-arrow no yes mobile

Filed under:

Carl Icahn: EBay Is Worst-Run Company I Have Ever Seen

Activist investor Carl Icahn told CNBC on Wednesday that eBay has the worst corporate governance he’s ever seen, and that’s a symptom of how badly American companies are run.

In a “Squawk Box” interview, Icahn acknowledged he likes to get involved in companies and shake things up. He said that while his critics say he’s just in it for the money, he believes he’s doing something good for America by unlocking more value for investors. He also said he thinks that even lawmakers in Washington are doing a better job running the country than corporate boards are doing running American companies.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

Sign up for the newsletter Sign up for Vox Recommends

Get curated picks of the best Vox journalism to read, watch, and listen to every week, from our editors.