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.