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Text size [+][-]  Saturday March 20 2010GLOBAL EDITION

Considered view
16 Jun 2008 08:30

Don’t shoot the messenger

Context News

New York district judge Lewis Kaplan ruled on June 11 that The Children’s Investment Fund and 3G Capital had violated US disclosure rules.

TCI and 3G are engaged in an activist campaign over governance, strategy and operations at CSX, the US railway group.


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TCI is looking tarnished in its fight with US railway group CSX, and the likes of Carl Icahn can overdo it, too. Yet activists’ arguments are often close to the mark. Investors should give them a fair hearing and make sure executives answer critics, not silence them.

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More stories by:  Richard Beales






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