Carl Icahn has made his proxy filing today with his formal nominees for the Yahoo! Inc. (NASDAQ: YHOO) board of directors.  His stake is also listed as holding 4.98% in the company.

His new slate of board members is Lucian A.  Bebchuk, Frank J. Biondi,  Jr., John H. Chapple,  Mark Cuban,  Adam Dell,  Carl C. Icahn, Keith A.  Meister,  Edward H. Meyer and Brian S. Posner.

The good news is that Mr. Icahn is a billionaire and he’s got a solid track record.  The bad news is that for now he’s just wasted his time by messing around with Jerry Yang & Kids…. and wasted a few million dollars of spending money.

Covering the Yahoo! saga is becoming about as exciting as watching the stock ticker right now.

Jon C. Ogg
June 26, 2008