Tuesday, September 23, 2008

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Yahoo's ( NSDQ: YHOO) newly reconstituted board will meet for the first time next week, giving activist investor Carl Icahn his first chance at seeing the company workings from the inside, reports WSJ. The two other Icahn-supported board members, Frank Biondi and John Chapple, will also be there at the meeting this Tuesday. WSJ says it is not yet clear if Icahn will show up personally



The ongoing probe was based on anonymous tips and was unrelated to the Times story, the sources said.
While investigators had been reviewing the records of LIRR retirees at the Chicago-based retirement board, the Philadelphia office of the retirement board's inspector general and at the MTA, investigators had not moved to seize the records of the Westbury office of the retirement board, for fear of compromising the investigation, the sources said.
Part of the investigation has involved computerizing and organizing the records to identify the retirees who were most abusing the system, sources said.
Both James Margolin, a spokesman for the FBI in New York, and Robert Nardoza, a spokesman for the office of Brooklyn-based Campbell, declined to comment yesterday. Meanwhile, the obscure federal agency that pays out the disability claims yesterday defended its standards and commitment 'to safeguarding its customers' trust funds.'
New York Gov. David A




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