Yahoo shareholder trades stake for bag full of literary allusions
Eric Jackson, the sassy activist investor who made so much trouble for Yahoo this year, has given up the ghost, crapped out, sailed into the sunset — pick your truism, Jackson has probably used it! He gave hunky videoblogger John Paczkowski a block-that-metaphor-worthy explanation for why he sold his hedge fund's Yahoo stake at $20:
I had no idea idea it would fall this much but I finally decided to stop pushing a rope by calling for change from the inside (as a shareholder). I voted with my feet. This board has the blood of its shareholders on its hands, and I hope they wear that scarlet letter stigma for a long time.