Icahn/Ackman Fight Heating Up

 

War of Words Between Hedge Fund/Buyout Fund Giants Continues

After Carl Icahn dissed [Ed.:  In the parlance of our times.] Bill Ackman in an interview with Bloomberg TV, Ackman issued a press release suggesting that Icahn was less than honest.  After detailing their dispute over $4.5 million arising out of old agreement, the money quote:

“Carl Icahn is a great investor, but, in my experience, he does not keep his word.”

The new dispute seems to be based on a difference of opinion over whether or not Herbalife is a ponzi scheme, a dispute in which Ackman is also opposite Third Point’s Daniel Loeb.

“In the Parlance of our Times.” -Jeffrey Lebowski, Maud Lebowski.

 

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