27 November 2024

Howe Street Reporter Title

Tag: carl icahn

  • Icahn’s noxious no-brainers and America’s share buyback binge: Is value extraction a sham?

    Icahn’s noxious no-brainers and America’s share buyback binge: Is value extraction a sham?

    Icahn’s traveling roadshow is only marginally better than the criminal activities of Bain Capital. These vicious business vultures swoop in, gain control of the shares, get the company to load up on back-breaking debt to commence a share buyback scheme which they sell into and walk away from long before the company’s books explode all…

  • Tuesday Recap: Carl Icahn’s Big Short

    Tuesday Recap: Carl Icahn’s Big Short

    Carl Icahn’s Big Short Billionaire Carl Icahn is betting against mall owners. He thinks they will be unable to service their debt. A lot many traders have made the same bet and lost millions of dollars, but it’s not something that’s stopping Icahn anytime soon. Icahn stands to gain as much as $400 million if…