I haven't seen anyone comment on the recent news of "activist investor" (vulture) Carl Icahn announcing he had taken a 1% position in Allstate (that's north of $400 million).
This is great news if you hold a sizeable amount of Allstate stock, probably.
Likely not so great if you're an employee, agent, or customer.
Icahn "likes" what Tom and the leadership team are doing. He generally "likes" it when companies hollow themselves out in order to funnel dividends and pump up their stock in the short term. Previous "successes" include Motorola, the Chicago Tribune, and Yahoo.
If you think having only 1% isn't likely to make an impact, well then my sweet summer child you don't know Icahn's history. I'm guessing he has Tom on speed dial and when he calls, Tom picks up.
Run, don't walk, for the exits.