tag:blogger.com,1999:blog-2080506270244832638.post4891731188524465984..comments2024-03-28T07:17:13.573-05:00Comments on Clark Street Value: Mario Gabelli: "Activism - New Catalyst to Surface Value... Good or Bad?" - NotesMDChttp://www.blogger.com/profile/10679835609782815537noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2080506270244832638.post-86780851377240674882014-08-18T18:23:09.956-05:002014-08-18T18:23:09.956-05:00Nice catch, I noticed that too.. unfortunately, it...Nice catch, I noticed that too.. unfortunately, it went a bit long and questions were more about current valuations and specific M&A deals. Looked further on his website and he gave this explanation:<br /><br />"Why? Because we want management to think about harvesting for us and not worry about the next job."<br /><br />Could be because he's highly compensation at GAMCO? But he did write this in 1988, long before he took his firm public in 1999.MDChttps://www.blogger.com/profile/10679835609782815537noreply@blogger.comtag:blogger.com,1999:blog-2080506270244832638.post-63108758692946596832014-08-18T17:12:01.471-05:002014-08-18T17:12:01.471-05:00Nice post,
Why would Gabelli be for Golden Parac...Nice post, <br /><br />Why would Gabelli be for Golden Parachutes? Wouldn't you argue that you probably have a negligent board who gives away too much when they allow Golden Parachutes? Also this just pushes the CEO to settle with any acquiring party at any price as he would be compensated greatly?Anonymousnoreply@blogger.com