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Eugene

(61,595 posts)
Wed Dec 21, 2016, 06:52 PM Dec 2016

Trump Names Carl Icahn as Adviser on Regulatory Overhaul

Source: Wall Street Journal

Billionaire investor Carl Icahn on Wednesday was named special adviser to the president on overhauling federal regulations.

Mr. Icahn, who has spent the past four decades battling big companies as an activist investor, already has been wielding influence in President-elect Donald Trump’s transition team. He is playing a central role in selecting the next chairman of the Securities and Exchange Commission, people familiar with the matter said. Interested candidates have reached out to him, and he is interviewing others at the request of Mr. Trump, the people said.

The 80-year-old has played a similar role in identifying Mr. Trump’s choices for other important posts. Mr. Icahn, who controls an oil refiner and has spent months berating the Environmental Protection Agency over a rule he says hurts the industry, helped Mr. Trump vet candidates to run the EPA.

He weighed in enthusiastically as Mr. Trump considered whether to nominate Steven Mnuchin and Wilbur Ross to run the Treasury and Commerce departments, respectively. Both men were picked for the jobs.

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Read more: http://www.wsj.com/articles/trump-to-name-icahn-as-adviser-on-regulatory-overhaul-1482354552



By DAVID BENOIT
Updated Dec. 21, 2016 5:46 p.m. ET
10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

groundloop

(11,488 posts)
2. And destroyed TWA
Wed Dec 21, 2016, 07:47 PM
Dec 2016

As far as Pep Boys, I've had very bad luck with them (probably something to do with below par wages attracting below par employees) and swore off of that chain a couple of years ago.

Hugin

(32,778 posts)
9. He also owned Trump's failed Taj Mahal... So, it's pay-to-play time again in Trumpslyvania.
Wed Dec 21, 2016, 09:12 PM
Dec 2016

"The Trump Taj Mahal casino, opened 26 years ago by Trump, announced Wednesday that it will shut down after Labor Day. The business now belongs to Trump's friend and fellow billionaire Carl Icahn, who decided he can no longer support a casino losing millions of dollars each month amid a crippling strike.

Icahn told The Associated Press Wednesday he has lost nearly $100 million on the Taj Mahal in the past 18 months, including money he spent to keep it afloat during bankruptcy court before he even owned it.

'It was a bad bet,' he said. 'How much good money do you throw after bad?'"

FACT filled article here: http://www.cnbc.com/2016/08/04/taj-mahal-casino-closing-carl-icahn-says-he-lost-100m.html (Attention Journalists: DO YOUR FUCKING JOB! )

No conflict-of-interests here, baby. Keep moving.

muriel_volestrangler

(101,154 posts)
3. I've just realised - there'll be 10 stories a day I can reply to with this, won't there?
Wed Dec 21, 2016, 07:48 PM
Dec 2016
http://www.democraticunderground.com/?com=view_post&forum=1014&pid=1646136

Should I just make it my signature? Is there any way to build a countdown into a sig?

jpak

(41,742 posts)
6. Trump promised us more victories than we can handle
Wed Dec 21, 2016, 08:26 PM
Dec 2016

Today's pick of Icahn is a stroke or geemus!

Victory number umpteeen for the Unprecedented Elect!!!!!111

 

YOHABLO

(7,358 posts)
7. The end is nigh. The billionaires will destroy us. Watch and see. Oh wait, it won't be televised.
Wed Dec 21, 2016, 08:56 PM
Dec 2016

mdbl

(4,972 posts)
8. But Fux news will trumpet them as pillars of society
Wed Dec 21, 2016, 08:59 PM
Dec 2016

even though there won't be much of a society left.

BumRushDaShow

(127,312 posts)
10. When I heard this overnight
Thu Dec 22, 2016, 07:34 AM
Dec 2016

a lightbulb was lit.

Since 2010, the culture war lunatics pushed their agenda and this cycle, have come out in hoards, essentially shoving the "business wing" of the GOP to the side. But now, we seem to be seeing a (potential) bait and switch in play where the business GOP is reasserting itself and perhaps may shove that other wing back under the rock eventually.

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