Harsh Cure for Lethargy
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There is a positive side to all of this corporate raiding. Carl Icahn, T. Boone Pickens and their ilk inadvertently may have helped shareholders everywhere.
If nothing else, these raiders possibly have shaken complacent corporate executives out of their fat-cat lethargy. They may have motivated company leaders to revive the innovativeness, drive and entrepreneurial enterprise that got them and their companies to leadership positions in the first place.
The whole thing is forcing corporate leaders to stay alert. Consequently, everyone involved--especially shareholders--will benefit.
JERRY ROSS
Van Nuys
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