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"Loeb, chief executive of hedge fund Third Point, which holds 5.8 percent of Yahoo's shares" "Yahoo, whose revenue slid by more than a fifth last year" Loeb m
by jizzard 14y ago
"Loeb, chief executive of hedge fund Third Point, which holds 5.8 percent of Yahoo's shares"
"Yahoo, whose revenue slid by more than a fifth last year"
Loeb might just be looking for a scapegoat.
- qty899 14y agoI'm not sure what you're implying. He doesn't run Yahoo. He makes no managerial decisions. He doesn't even sit on Yahoo's board.
- s3b 14y agoBut he's responsible for his fund investing a huge amount in a bad stock. He's probably trying to find a scapegoat for that decision.
- deleted 14y ago[deleted]