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Analysts said the Icahn settlement could buy some time for Chief Executive JerryYangJerry Yang and his management team to turn around Yahoo!
FORBES: Magazine Article
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Analysts said the Icahn settlement could buy some time for Chief Executive Jerry Yang and his management team to turn around Yahoo!
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Faster settlement requires a high degree of automation so trades can go from the buy-side to the DTCC untouched by human hands once they are entered into an order management system.
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The settlement also has required Wall Street firms to devote thousands of hours to track buy, sell and hold ratings for every analyst and create paper trails of signed documents to demonstrate every report contains untainted opinions.
FORBES: Magazine Article