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Related: About this forumTrust Buster
(7,299 posts)Sanders has worked a government job his whole life. What would he know about business ? Who is he, a man without any business experience at all, to judge every successful business ? He wants a totalitarian and intolerant government that I just don't support. To think I'm currently on another thread arguing that Sanders is not moderate and being called ignorant by Sanders supporters. This is exactly the behavior I point to. There's nothing moderate about this guy.
rpannier
(24,329 posts)Icahn's greed is one of the major reasons why so many publicly traded businesses went to the m'make a quick buck as fast as you can'
I remember when he first started talking like that back in the late 70's and early 80's
Sanders is 100% correct on Icahn
And what makes someone who has worked in government their whole life ignorant about business
Government regulators work in government
You have zero proof that he wants a totalitarian and intolerant government
Your defense of Icahn and the six-time bankrupt filer Trump says more about how little you know that anything about Sanders
Trust Buster
(7,299 posts)rpannier
(24,329 posts)Because it is not/was not illegal does not make it unethical or wrong.
It also does not shield Icahn from being criticized for the damage he helped do to working families
For someone who is so concerned about totalitarianism, your willingness to tell others to 'put a sock in it' is strikingly authoritarian/ totalitarian in its own right
Criticism of the things that happened in the finance community during the early and mid 2000's were not illegal (according to the President), but they were unethical and caused tremendous damage. Since they were not illegal shoudl everyone 'put a sock in it' about that?
Pauldg47
(640 posts)rpannier
(24,329 posts)Duckfan
(1,268 posts)That's funny. You are a funny person. Bernie probably knows more about business than you or me. It seems you are saying that people working for $8.00 an hour is okay with you. I encourage you to put your money where your mouth is and go find a job at $8.00 an hour and then tell me if your are able to afford all those luxuries you enjoy and that really overpriced iphone bill every month.
I'll be here waiting.
This fella and his ilk are the real dangerous ones.
Trust Buster
(7,299 posts)Pauldg47
(640 posts)Lodestar
(2,388 posts)If financial markets crash, one of the biggest beneficiaries could be billionaire investor Carl Icahn.
An investment fund run by the 80-year-old Icahn had a net short position of 149% at the end of the first quarter. Icahn is considerably more bearish than he was at the end of 2015, when the funds net short position was 25%. A year ago, the fund had a net long position of 4%. Its rare to see a fund outside a dedicated short fund with such a large bearish stance.
The 149% net short position was disclosed by the management of Icahn Enterprises (ticker: IEP ), which holds a $1.8 billion interest in the investment fund, on an earnings conference call on May 5. Icahn Enterprises is a diversified investment vehicle run by the activist investor who holds a roughly 90% stake in the company. Icahn Enterprises holds sizable equity stakes in CVR Energy ( CVI ), an oil refiner, and Federal-Mogul ( FDML ), an auto-parts company, and it bought Pep Boys, the auto-service chain, earlier this year. These stakes are held outside the Icahn-run investment fund.
Icahns dominant stake gives him free rein to handle the companys investments pretty much as he pleases. Asked about the big bearish stance, Icahn Enterprises CEO Keith Cozza said on the conference call that Carl has been very vocal in recent weeks in the media about his negative views. Were much more concerned about the market going down 20% than we are it going up 20%. And so the significant weighting to the short side reflects that. Icahn was not on the call.
Late last month on CNBC, Icahn warned there will be a day of reckoning unless we get fiscal stimulus.
cont'd
http://www.barrons.com/articles/if-the-markets-crash-then-carl-icahn-could-win-big-1462828022