Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report
Hindenburg said that the Wall Street legend's holding company used inflated asset valuations and"ponzi-like economic structures" to move money from new investors to older ones.
The billionaires' battle over the multi-marketing firm eventually came to a head on live television in 2013., Icahn called Ackman a"liar" and told the investor:"I wouldn't invest with you if you were the last man on Earth." "This is not a guy who keeps his word," Ackman responded."This is a guy who takes advantage of little people."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Icahn Enterprises stock skids lower as short seller Hindenburg puts Carl Icahn's company in crosshairsHindenburg Research said it is betting against Icahn Enterprises and contends the company is overvalued compared with peers.
Read more »
Hindenburg Research blasts Carl Icahn’s hedge fund as ‘Ponzi-like’ in latest short-seller campaignHindenburg revealed that it has taken a short position on units of Icahn Enterprises.
Read more »
Billionaire Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg ClaimsA Hindenburg Research report claims billionaire investor Carl Icahn's storied holding company has artificially propped up its stock price with a “ponzi-like economic structure.'
Read more »
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short sellerThe Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging 'inflated' asset valuations, among other reasons.
Read more »
Billionaire Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg ClaimsInfamous activist firm Hindenburg Research unveiled its latest target Tuesday, alleging billionaire investor Carl Icahn's storied holding company has artificially propped up its stock price with a “ponzi-like economic structure.”
Read more »
Short seller Hindenburg Research targets Carl Icahn's conglomerateThe short seller that took on Asia's richest man has a new target: Wall Street legend Carl Icahn
Read more »