Break out the sedatives, because Carl Icahn is getting mighty tetchy with Yahoo CEO Jerry Yang and the board of directors of the troubled Internet company!

In yet another letter to Yahoo Chairman Roy Bostock, the ever-grumpier billionaire investor, who is waging a proxy fight against Yahoo and seeking to oust Yang and crew, he stepped up the volume to Crazy Eddie levels.

It’s almost too juicy to require translation, as the veins practically pop out in Icahn’s letter from all the agita he seems to be experiencing over this botched takeover.

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After we reported Tuesday that Yahoo plans to give employees new retention packages and enhanced severance benefits, we got a plethora of emails from Yahoos from all levels of the company.

The general response: Yahoo!! (with two, not one, exclamation points).

“This is just what we needed,” said one employee in a typical email. “We are all bumming about the inevitability of Microsoft taking over, so a spoon full of sugar will make this very sour medicine go down.”

Well, when you put it like Mary Poppins does, Microsoft CEO Steve Ballmer seems almost cuddly.

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If you are feeling a little déjà vu about the news BoomTown broke this morning about new retention packages and enhanced severance benefits for Yahoos, in order to keep them from bolting in the face of Microsoft’s unsolicited bid (and to give them a payout in case it works), you are not wrong.

According to several [...]

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Is it just me or does it feel like the air is slowly seeping out of the energetic balloon blown up by Microsoft’s bold and quite unsolicited bid to acquire Yahoo?
Of course, just by bidding a few dollars more or not or walking away even, the software giant could sass things up a bit, as [...]

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