The Icahn-Lazard Report on Time Warner

Yesterday, Carl Icahn, and his advisory bank, Lazard, released a 350-page report on the state of Time Warner.  In case you don't want to read the entire report, which can be at EnhanceTimeWarner.com   Rafat Ali at PaidContent.org does a good job breaking down the relevant information:

I have just started going through the 371-page report and will probably not have enough time to do it, but the following lines in the preface will tell you the tone...sheer corporate poetry, if you ask me. But then, poetry has been used as a hype tool throughout the history..this is no different:

"This is the TWX story. It is a difficult story to tell because the history and performance of the Company has been skillfully enshrouded in the fog of one of the largest public relations efforts in American industry. The spin is generated by scores of divisional people, over 30 corporate image executives and a series of outside public relations firms. Success is heralded as triumph; failures are trumpeted as success. A corporate mythology is spun and is largely accepted, unchallenged by the media. Some facts are simply obscured.
The story is not about evil or hubris. But even benign intentions may not suffice in leading a company in this challenging environment.

It is now time to begin to lift the fog, examine the record and undertake a careful evaluation of TWX."

Comments

[Financial Spread Betting]

Time Warner still going strong?

[Impotence causes]

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[ティンバーランド]

京都府の担当者も「処理の実働部隊となる市町村に受け入れを要請する際の国の基準が不明確で、検討する予定はない」としており、まずは国基準をさらに明確化する必要があると主張。滋賀県も、県内の全１９市町が「受け入れ困難」としているため、県としても検討していないという。

　ティンバーランドまた、近畿で唯一、広域連合に加盟していない奈良県の担当者も「県民の理解や感情論を考えると現状では難しい」と話している。