{"id":2688,"date":"2010-03-23T09:54:59","date_gmt":"2010-03-23T17:54:59","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=2688"},"modified":"2010-03-23T09:54:59","modified_gmt":"2010-03-23T17:54:59","slug":"quote-of-the-day-146","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-146\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2687\" title=\"Icahn pensive\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/03\/Icahn-pensive.jpg\" alt=\"Icahn pensive\" width=\"488\" height=\"366\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/03\/Icahn-pensive.jpg 488w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/03\/Icahn-pensive-150x112.jpg 150w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/03\/Icahn-pensive-300x225.jpg 300w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/>\u201cThere\u2019s a misperception out there that we bust up companies. Or that I  believe that all people on boards are bad. It\u2019s just  that, in some cases, the C.E.O.\u2019s are so wrong.\u201d &#8212;<em> <strong>Tropicana Entertainment<\/strong> owner <strong>Carl Icahn<\/strong>, <a href=\"http:\/\/www.nytimes.com\/2010\/03\/21\/business\/21icahn.html\" target=\"_blank\" class=\"broken_link\">in a rare interview<\/a> with the<\/em> New York Times. <em>Icahn&#8217;s former casino company <a href=\"http:\/\/www.lasvegassun.com\/news\/2010\/mar\/22\/stratosphere-owner-narrows-loss-fourth-quarter\/\" target=\"_blank\">has fallen on hard times<\/a> under the ownership of <strong>Goldman Sachs<\/strong>. ROI is 4.5% and Goldman&#8217;s $1.3 billion purchase price would &#8212; if paid today &#8212; represent a 22X cash-flow multiple. In other words, Icahn took Goldman to the cleaners.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThere\u2019s a misperception out there that we bust up companies. Or that I believe that all people on boards are bad. It\u2019s just that, in some cases, the C.E.O.\u2019s are so wrong.\u201d &#8212; Tropicana Entertainment owner Carl Icahn, in a &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-146\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,82,28,51,81,21,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2688"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=2688"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2688\/revisions"}],"predecessor-version":[{"id":2690,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2688\/revisions\/2690"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=2688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=2688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=2688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}