Dan Loeb Thinks There’s Easy Money To Be Made On PayPal
ByDan Loeb knows he’s got a bit of a reputation for being an asshole. Such are the wages of being an outspoken activist investor, and also of comparing black politicians who disagree with his favored educational policies with the Ku Klux Klan. But, especially in recent years, the Third Point founder has found occasions upon which he need not have recourse to the poison pen. For instance, healthcare products company Baxter International, which Loeb—or an impostor—effusively praised with words like “applaud” and “most impressed” and “working together.” Or the malls of his Southern California childhood, whose continued viability he clings to in spite of all evidence. Or a certain company founded by a fellow sociopathic billionaire whose independence he helped engineer…
Dan Loeb Thinks There’s Easy Money To Be Made On PayPal
