1. Carl Icahn Criticizes Petroleum Giant Occidental's Recent Mega-Merger

    Carl Icahn Criticizes Petroleum Giant Occidental's Recent Mega-Merger
    • Carl Icahn slammed Occidental Petroleum's CEO and chairman Monday, saying its deal to takeover Anadarko was hastily done.
    • Icahn and the board of Occidental have been in a public battle over the deal and four director seats on the board.
    • In the latest letters to shareholders, Icahn said that Warren Buffett's $10 billion financing of the Anadarko deal took Occidental's CEO "to the cleaners."...
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    1. I do believe that Hollub and Batchelder know what's good for them and their personal agendas but do not particularly care what's good for shareholders.
    2. Buffett literally took her to the cleaners.
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