Thursday, June 4, 2009

My Apologies

About a week ago, I criticized Congress for resorting to "elementary school-like tactics," asking in what other professional world they'd be acceptable. The WSJ finds a case of it in the business world today:

Wednesday's shareholder meeting was marked with unexpected acrimony. Biogen's chairman, Bruce Ross, recessed the meeting for more than three hours over shouted objections from Mr. Icahn's representatives.

Biogen's executives then retreated to a small patio at the headquarters of the American Academy of Arts and Sciences in Cambridge, where the meeting was held, and phoned major shareholders to solicit support.

Mr. Icahn's nominees returned to a Boston-area hotel and did the same.

As I always say: Real mature, guys, reaaallllllll mature.

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