onyx1 Posted September 26, 2011 Share Posted September 26, 2011 http://www.bloomberg.com/news/2011-09-26/chelsea-clinton-joins-board-of-directors-at-iac-interactivecorp-.html Glad I am not a shareholder. If I was, I would sell. Link to comment Share on other sites More sharing options...
ExpectedValue Posted September 27, 2011 Share Posted September 27, 2011 http://www.bloomberg.com/news/2011-09-26/chelsea-clinton-joins-board-of-directors-at-iac-interactivecorp-.html Glad I am not a shareholder. If I was, I would sell. Really? I don't think this is a big deal. Most boards will usually have one or two people who bring significant political connections which can be pretty helpful, especially if you have to do anything abroad. Political capital can be valuable. Link to comment Share on other sites More sharing options...
Crip1 Posted September 27, 2011 Share Posted September 27, 2011 I've never held a position in IAC, nor have I even looked into it seriously. Irrespective, the presence or lack thereof of Chelsea Clinton on the BOD would have minimal, if any, bearing on whether or not I took a position. -Crip Link to comment Share on other sites More sharing options...
given2invest Posted September 27, 2011 Share Posted September 27, 2011 haha diller is the worst, but this doesn't do much to change that opinion. i've always thought he was the worst. Link to comment Share on other sites More sharing options...
onyx1 Posted September 27, 2011 Author Share Posted September 27, 2011 http://www.bloomberg.com/news/2011-09-26/chelsea-clinton-joins-board-of-directors-at-iac-interactivecorp-.html Glad I am not a shareholder. If I was, I would sell. Really? I don't think this is a big deal. Most boards will usually have one or two people who bring significant political connections which can be pretty helpful, especially if you have to do anything abroad. Political capital can be valuable. Tariq, it just offends my sensibilities. A 31-year old graduate student is now going to be giving her business insights to Michael Eisner, Edgar Bronfman Jr., and Don Keough? Sure she has a political background, but is there anyone (besides her family) who really believes that she is the most qualified individual to represent shareholders? Directors were all paid $300,000 last year!! This is a nothing more than a political payoff. I wonder what committee she will be on...the Audit Committee, the Compensation Committee, or maybe...geesh...the Executive Committee! If youth was the objective, I'd choose Tariq as a director over Chelsea Clinton any day of the week. Link to comment Share on other sites More sharing options...
Myth465 Posted September 27, 2011 Share Posted September 27, 2011 Tariq is awesome. I would go with Clinton though. Tariq would get a phone call from behind the scenes before we made any real decisions. We all know this is to get Bill and Hillary, and Chelsea is just the bait.... Link to comment Share on other sites More sharing options...
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