Wall Street & FinanceAs published
“One of the hidden 'assets' in many companies is top management: get rid of them and the value goes up. What's going on in companies these days is absurd. It's like a corporate welfare state. We're supporting managements who produce nothing. No, it's really worse than that. Not only are we paying these drones not to produce, but we're paying them to muck up the works
— Carl Icahn
Activist investor
About this quote
- Attributed to
- Carl Icahn
- Attribution status
- As published
Photo: Benh LIEU SONG (Flickr) · CC BY-SA 4.0 · source · Portrait: AviateHistory (CC0)
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