Carl Icahn's move on the Time Warner board excited Wall Street bloggers, who foresaw a return of the 1980s corporate gunslinger. Instead of junk bonds "we now have private equity [and] hedge funds as catalysts", said Peter Cohan, a consultant and media gadfly. Also of interest was Icahn's longevity and the threat to other conglomerates. (peter cohan.blogspot.com) The lawprofessorstypepad.comnoted the conflict for Robert Clark, Time Warner director and director of Icahn adviser Lazard, in a proxy contest involving claims of a breach of directors' duty.