News Brief


Activist investor Carl Icahn told CNBC on Wednesday that eBay has the worst corporate governance he’s ever seen, and that’s a symptom of how badly American companies are run.

In a “Squawk Box” interview, Icahn acknowledged he likes to get involved in companies and shake things up. He said that while his critics say he’s just in it for the money, he believes he’s doing something good for America by unlocking more value for investors. He also said he thinks that even lawmakers in Washington are doing a better job running the country than corporate boards are doing running American companies.

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