Marty Lipton on Activist Hedge Funds

Our quote of the day:


“The activist-hedge-fund attack on Apple — in which one of the most successful, long-term-visionary companies of all time is being told by a money manager that Apple is doing things all wrong and should focus on short-term return of cash — is a clarion call for effective action to deal with the misuse of shareholder power.”

-Marty Lipton, author of “Bite the Apple; Poison the Apple; Paralyze the Company; Wreck the Economy” from NYT


Interesting take from a well respected corporate lawyer. . .

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