Carl Icahn Calls out Bill Ackman on CNBC

TLDRCarl Icahn and Bill Ackman engage in a heated debate on CNBC, with Icahn accusing Ackman of dishonesty and questionable tactics

Key insights

🔥Carl Icahn accuses Bill Ackman of being a liar and having a bad reputation on Wall Street

💰Icahn reveals his determination to make sure Ackman pays his investments, highlighting that it is not his money at stake

🤔Icahn questions why Ackman won't come clean about his position in Herbalife

💣Icahn criticizes Ackman's approach of attempting to destroy companies through bear raids for personal gain

💼Icahn emphasizes that he had a verbal agreement with Ackman and accuses him of being in major trouble

Q&A

What is the main issue between Carl Icahn and Bill Ackman?

Carl Icahn accuses Bill Ackman of being dishonest and having a bad reputation on Wall Street. He also criticizes Ackman for his approach of attempting to destroy companies through bear raids for personal gain.

Why is Icahn determined to make sure Ackman pays his investments?

Icahn highlights that the investments are not his money, but rather his investors' money. He has a responsibility to ensure that Ackman pays back every penny with interest.

What does Icahn question Ackman about?

Icahn questions why Ackman won't come clean about his position in Herbalife. He suggests that the whole market is aware of Ackman's involvement.

What does Icahn criticize about Ackman's approach?

Icahn criticizes Ackman's approach of attempting to destroy companies through bear raids for personal gain. He believes this type of action is not ethical or honest.

What does Icahn reveal about his agreement with Ackman?

Icahn reveals that he had a verbal agreement with Ackman, which he claims Ackman is now disputing. He accuses Ackman of being in major trouble.

Timestamped Summary

00:11Carl Icahn accuses Bill Ackman of being a liar and having a bad reputation on Wall Street

00:25Icahn reveals his determination to make sure Ackman pays his investments, highlighting that it is not his money at stake

00:46Icahn questions why Ackman won't come clean about his position in Herbalife

01:25Icahn criticizes Ackman's approach of attempting to destroy companies through bear raids for personal gain

03:03Icahn emphasizes that he had a verbal agreement with Ackman and accuses him of being in major trouble