We try to present our students with historical topics that are both diverse and a bit out of the ordinary. They want to make a profit and they want to make it fast, which usually means aborting any existing long-term strategies, while executing short-term ones that directly affect employee salaries, jobs and investment in innovation. Icahn has announced his support of Donald Trump in the 2016 US Presidential election, a somewhat fitting development. If a company has realised its value and structured itself efficiently, it follows that it should be untouchable by activist investors. Another way to say Corporate Raider? Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Divisions are closed down or sold, people are sacked and development is halted – it paints a pretty bleak picture. The fact that not just failing businesses, but also those that are performing well without delivering show-stopping performance, are now viable targets for hostile takeovers suggests a paradigm shift. It’s official: the corporate raider is back en vogue. Although he played for other teams after his time with the Raiders, it is as a Raider he is remembered. Personally suffering the loss and crippling of female relatives in the above mentioned building collapse, Anderson was an ally of Quantrill and rode with him on many raids, including the Lawrenceville Massacre. A few high-profile raiders became famous in the 1980s for buying companies and dismembering them, making big profits for themselves but often leaving thousands of workers unemployed. The following 45 pages are in this category, out of 45 total. Carl Celian Icahn. Prior to his military service, he graduated from Cleveland State University, having majored in sociology. The Apache and associated tribes had been fighting the Mexicans (Spanish) for centuries, resisting white incursion in native lands, and picked right up against American settlers as well. Thank you! The term ‘corporate raider’ was regularly used in the 80s to label those individuals or groups that carried out hostile takeovers of businesses. Ken Stabler/Oakland Raiders. On May 10, 1865, Union troops ambushed, shot and captured infamous Confederate raider William Quantrill. 1 Answer. We also use third-party cookies that help us analyze and understand how you use this website. }); In 1863 he led a raid on Lawrenceville, Kansas, a center of abolitionist sentiment (anti-slavery), and he scorched the history books by murdering over 180 men and boys, some of whom he personally shot in cold blood, execution style. Geronimo cleverly used the US-Mexican border to foil attempts by American forces to pursue him. He was only 27 years old. Indiana Jones. Famous corporate raider Carl Icahn used tactics such as taking a company private, compelling a spinoff, calling for an entirely new board of directors or … I know of T. Boone Pickens. Like most CEOs I've known, he viewed serious reflection as a big waste of time. Question for students (and subscribers): Who is your favorite raider? You consent to our cookies if you continue to use our website. When he did reminisce, he tended to repeat the same well … 8. Allora siamo a posto: il signor imprenditore senza scrupoli sarà distrutto, andrà a casa e si accuccerà a piangere sul fondo della doccia. What Warship Suffered the Most Casualties Without Sinking? Perhaps the most famous of the notorious Viking raiders, Ragnar (last name also spelled Lodbrok) was a 9th Century legendary raider who led raids on Great Britain and France. Anderson is thought by many historians to be the worst of the murderous raiders of the US Civil War, perhaps “The bloodiest man of the bloodiest war.”  He is also described as a sadistic psychopath, not just mean but crazy, too. gweini.adStack.push({ Carl Celian Icahn. Private equity in the 1980s. April 18, 1942: What Was the Doolittle Raid. A Message to Anyone Inquiring About Posting Guest/Sponsored Articles on this Site or Inserting Links into Existing Articles, Enter for a Chance to View a Virtual Screening of. These sea raiders deserve a list of their own and will get one from us in the near future. Private equity in the 1990s. Anonymous. A corporate raider is a shareholder who opposes a company's managerial or operational strategy, and buys enough of a stake to get a seat on the board. William Quantrill and Quantrill’s Raiders: The Confederacy’s Most Notorious Bushwhackers. Antonyms for Corporate raider. Major Dan is a retired veteran of the United States Marine Corps. Some scenes from the front lines of corporate control in the United States today: A hedge fund called Pershing Square Capital Management tried to force McDonald’s to spin off its 8,000 corporate-owned fast-food outlets into a separate company. Top “Ten” Low Down, Stab in the Back, Rat Fink, Traitors! He died in 2015 at the age of 69, but had won a Super Bowl, been the NFL MVP and was inducted into the NFL Hall of Fame in 2016. To achieve this, they often introduced share repurchase programmes, increased dividends and, crucially, reduced expenses where possible. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. As an Amazon Associate, I earn from qualifying purchases via links in the “Historical Evidence” sections of articles. 2. Subscribe Now. Romney started off at the Boston Consulting Group, where he showed an aptitude for crunching numbers and glad-handing clients. These people are only in it for the money. zone_id: "LCST04010414HIST3004" An investor who buys a large number of shares in a corporation whose assets appear to be undervalued. Relevance. Quantrill had terrorized the Union and Union sympathizers during the Civil War (not so “civil!”) and was perhaps the most famous of the “Bushwhackers” as these guerilla raiders were known. Doolittle’s Raiders. May 10, 1941: Nazi Third in Command Parachutes Into Scotland! Who are some famous or infamous corporate raiders of the 70's, 80's and late 90's? But opting out of some of these cookies may affect your browsing experience. Doolittle’s Raiders. They are older, of course, and some are ailing. 57, January-February 2006. Famous TV news commentator: “Corporate raiders” embody all that is wrong with the capitalist system. Stabler led the Raiders to 100 wins faster than any pro quarterback up to that time (besting the legendary Johnny Unitas, and since exceeded by Terry Bradshaw, Joe Montana and Tom Brady). Perhaps the most famous of the “Corporate Raiders,” this business mogul was born in New York in... 4. Leader of the Raiders of the Lost Ark, the iconic 1981 major motion picture (5 Academy Awards), the character portrayed by Harrison Ford has become one of the greatest movie characters of all time, with 3 sequels to the original movie and another planned. They sought out companies that appeared to be struggling – typically having low share prices in comparison to their peers – invested in them, and implemented a range of often ruthless tactics to improve their value, before selling up and making a healthy profit. They often serve to galvanise stagnant businesses into rethinking their strategy, improving their balance sheet and catching up with competitors. Legion Partners is the new, gentler version of what used to be called a corporate raider. The town was also burned, the entire murderous raid perhaps in retaliation for the Union forces having seized many of the women and girls related to known or suspected raiders, some of which died when a building they were being held in collapsed. We are using cookies to give you the best experience on our website. Charles River Editors. Gordon Gekko, Wall Street (1987) and Wall Street: Money Never Sleeps (2010) – The notorious "corporate raider" and greenmailer, Gordon Gekko (played by Michael Douglas ), represents a synthesis of the worst features of various famous private equity figures. 4. Normally accompanied by only 30-50 warriors at a time, Geronimo and his men would swoop in and out then disappear like ghosts. Anderson later operated on his own, earning a description as “The Devil.”  Anderson fell to Union bullets in 1864. This category only includes cookies that ensures basic functionalities and security features of the website. While such takeovers naturally provoke anguish within much of the business community, thanks to their cut-throat nature, it’s possible to look on them positively. Regardless, his fame is such that he has been portrayed prominently in movies, books and in the History Channel series, Vikings. Ruthless. The defences to activist approaches appear limited – in the case of GKN, for example, the business fiercely resisted the advances of Melrose, yet it still went ahead. Geronimo was finally captured by US Army troops in 1886, perhaps tricked into surrendering. Take General Electric (GE) for example: in 2015, Trian Partners, noticing GE’s plummeting stock market value. A total of 24 Oakland Raiders are in the NFL Hall of Fame. History has witnessed examples like Nelson Peltz, Saul Steinberg, Asher Edelman, etc. QB Jim Plunkett (1979-86) Jim Plunkett is one of several Raiders players still waiting for his turn to … Then, in 1977, he joined a … 2,517 were here. In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders - if they abandoned their other stakeholders. 10. Among the most notable corporate raiders of the 1980s were Carl Icahn, Victor Posner, Nelson Peltz, Robert M. Bass, T. Boone Pickens, Harold Clark Simmons, Kirk Kerkorian, Sir … He served during the Cold War and has traveled to many countries around the world. Well, that settles it. This site exists primarily for educational purposes and is intended as a resource for Dr. Zar’s students. To achieve this may require a lengthy and laborious organisation redesign, but taking these active steps to improve your position before an external predator does so may well be the best hope for an independent future. He was too busy shaking up the established order as the most feared and famous of the 1980s corporate raiders. You can find out more about which cookies we are using or switch them off in settings. Even banks such as Barclays and Credit Suisse are not immune to the attentions of activists and, most recently in the UK, GKN – a PLC with a history dating back to the times of the Napoleonic wars – has been acquired by Melrose PLC which, funnily enough, is led by a former director of Hanson PLC. From 1850 to 1886 the Apache legend, Geronimo (which means “the one who yawns!”) became the embodiment of the “Indian” (Native American) raider, conducting countless raids against European settlers of the Old West, darting in and out and avoiding strenuous attempts by the US government to capture him. However, a corporate raider isn’t in it for the long term. Vikings are perhaps the most famous of History’s raiders, at least in Europe. Synonyms for Corporate raider in Free Thesaurus. Is resistance to activist investors futile? As described above, Quantrill was a living terror as he conducted his unconventional war of murder and pillage against the Union. Here we list 10 of the most notorious. November 23, 1876: “Boss” Tweed Turned Over to Authorities. History of private equity and venture capital.

Gota Let Your Nuts Hang, The Street Fighter Movie 1974, Real Madrid Femenino Cantera, Mask Off Meaning, Wiz Khalifa Grammy, Thunder Vs Pacers Prediction, Mac Mini M1 Reddit, Restaurants Near Southwark Station, Cold Comfort Farm Summary,