Carl Icahn

You're an embarrassment to the Icahn name.Carl Icahn lost $200 million yesterday on Netflix, one of those newfangled technology stocks that his son is always pushing him to invest in. Now, Carl’s not happy about, but since he already made a 457% return when he unloaded half of his shares in the company last year, he’s not calling Brett in for a spanking. A “not so fast,” an “I told you so” and a “still not quite as sharp as the old man” might, however, be in order. Read more »

Carl Icahn, his lawyers assure the bankruptcy judge, really will pour $100 million into a casino that’s losing $8 million a month. But only if he gets his way, and that way is $175 million in tax breaks and other state aid and, oh yea, the bankruptcy judge ripping up the casino’s contract with its union. And he’ll do it even if the now-contractless union goes on strike, because, really, can the Trump Taj Mahal really be a worse business without them than with them? Read more »

Carl Icahn may have dashed his son’s hope of managing other peoples’ money by the beach in Miami, but he’s still a proud papa. In between telling a company that he thinks is so well run exactly how to run things, he notes that Tim Cook and the rest of Apple have young Brett Icahn to thank for having to read the 4,000-word missive. But Brett and his partner David Schechter aren’t just keeping his dad enjoyably busy in the sunset of his life: They’re also making him more money than he can possibly spend, even if he lives another 78 years. Read more »

Carl Icahn Will Wait

Carl Icahn is 78. Considering the average life expectancy for an American male is 77.4, most people would consider that old. But not too old to wait as long as it takes to get his way. Read more »

Thankfully, the e-commerce giant came to its senses before Ichan had to go all Queens schoolyard on its ass. The only reason he gave them an extension on his patience is because he’s actually had great success selling his knickknacks on the site. Read more »

Carl Icahn Drives A Hard Bargain At Work And At Home

Young Brett Icahn’s plans to follow in his father’s footsteps with a chunk of his father’s money have run into a snag, namely, his father. Sure, the elder Icahn would be happy to help his son remove the training wheels, but he just can’t help it if he’s the superior negotiator, even at 78. Read more »

Carl Icahn Is Human

Well, more likely, someone who works for him is. Yesterday, someone forgot to double-check his or her SEC corporate tag glossary and scared the shit out of Gannett management, when he or she was actually trying to scare the shit out of Hertz management, which may not be necessary anymore because Hertz seems to have gotten the message. Read more »