Bulldog's Goldstein Discusses Corporate Boards

December 3rd, 2008
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Phillip Goldstein, co-founder of activist hedge fund Bulldog Investors, discussed corporate boards at The Deal.com's M&A Outlook 2009 conference. Mr. Goldstein was highly critical of boards that are not prudent about the risks their companies take. At one point, he stated "Why is the board of AIG still there...They're virtually destroying the company...These boards have laws that protect they no matter how negligent they are." Click below to the complete video of his appearance:
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For Detailed Investor Profiles on these Investors, click below:
Bulldog Investors
Related People: Philip Goldstein; Steve Samuels
Related Entities: Bulldog Full Value Partners; Bulldog Full Value Partners Offshore; Bulldog Income Plus; Bulldog Opportunity Partners
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles

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