http://www.metafilter.com/activity/19657/posts/mefi/ MetaFilter posts by mullacc en-us http://blogs.law.harvard.edu/tech/rss 120 http://www.metafilter.com/mefi/58153 A "noisy" blogger in Astoria, Queens receives detailed complaint letters from the woman downstairs. <a href="http://www.ironicsans.com/2007/01/dear_sophina_an_amazing_follow.html">High schoolers in Florida respond</a>. tag:metafilter.com,2008:site.58153 Mon, 29 Jan 2007 12:31:09 -0800 noisy neighbor astoria notes ironicsans mullacc http://www.metafilter.com/mefi/47124 Carl Icahn's <a href="http://www.businessweek.com/magazine/content/05_48/b3961119.htm">Time Warner efforts</a> find a powerful ally in <a href="http://www.bartleby.com/61/50/W0135075.html">"white-shoe"</a> investment bank <a href="http://www.lazard.com/">Lazard</a>. Wall Street M&amp;A advisors have been hesitant to support efforts by Icahn and his hedge fund brethren in their share-holder activist efforts for fear of alienating fee-paying corporate clients (investment banking, legal and registration fees on the <a href="null"><a href="http://sec.gov/Archives/edgar/data/1105705/0000940180-00-000341.txt">Time Warner/AOL deal</a></a> were approximately $300 million). By <a href="http://www.nytimes.com/2005/11/30/business/media/30icahn.html?oref=login&pagewanted=print">hiring Lazard</a>, which is led by banking legend Bruce Wasserstein (<a href="http://en.wikipedia.org/wiki/Bruce_Wasserstein">1</a>,<a href="http://www.slate.com/id/2096315/">2</a>,<a href="http://www.amazon.com/exec/obidos/search-handle-url/index=books&field-author-exact=Bruce%20Wasserstein&rank=-relevance%2C%2Bavailability%2C-daterank/103-5811055-3780639">3</a>), Icahn is surely raising the intensity of his campaign against Time Warner management. Icahn has been successful in previous shareholder activist campaigns, most notably against Blockbuster (<a href="http://www.forbes.com/2005/05/03/0503autofacescan10.html">1</a>,<a href="http://paul.kedrosky.com/archives/001280.html">2</a>), and talks a <a href="http://www.businessweek.com/bwdaily/dnflash/nov2005/nf20051118_0496.htm">pretty mean game</a>. Wall Street will be watching this closely - hedge fund activism is becoming a very real fear for company management/directors: <a href="http://www.washingtonpost.com/wp-dyn/articles/A15543-2005Mar7.html">Circuit City/Highfields Capital</a>, <a href="http://www.forbes.com/associatedpress/feeds/ap/2005/07/29/ap2164568.html">Wendy's/Pershing</a>, <a href="http://www.chicagobusiness.com/cgi-bin/mag/article.pl?article_id=24600&post_date=2005-10-15&rel=1">Bally's Fitness/Pardus Capital &amp; Liberation Investment Group</a>, <a href="http://www.fool.com/News/mft/2005/mft05060716.htm?ref=foolwatch">Axciom/ValueAct Capital</a>, <a href="http://www.ocregister.com/ocr/2004/10/05/sections/business/oc_region/article_263932.php">MSC Software/ValueAct Capital (reg. required)</a>, <a href="http://www.findprofit.com/saying.php3">Beazer Homes/Tontine Capital (second story on page)</a> and <a href="http://www.professorbainbridge.com/2005/05/hedge_fund_acti.html">more</a>. tag:metafilter.com,2008:site.47124 Wed, 30 Nov 2005 10:17:55 -0800 icahn hedgefunds investing shareholderactivism finance mullacc