In July, 2002, he basically quoted Alex Brady (_Business as a System of Power_) and stated, "[W]hat I've been saying for years is, for the most part, there is no real democracy in corporate America. until you have democracy, you're going to have corruption..." This is because, Icahn said, "companies are run like dictatorships." (Associated Press, "Dems Assail Bush's Corporate Plan," July 9, 2002)
That outburst was in the wake of Enron/Worldcom/Tyco.
-B.
Bryan Atinsky wrote:
"Carl is just an average guy trying to use the his free vote of 'shareholder democracy' to rid 'a company of a fruitless board.' Power to the people...power to Icahn!"