“NEW YORK, March 7, 2014 (GLOBE NEWSWIRE) — Icahn Enterprises L.P. (Nasdaq:IEP) today issued the following statement: On April 2, 2013, the Securities and Exchange Commission (“SEC”) issued a report in which it provided guidance to issuers regarding the use of social media to disclose material non−public information. Our Chairman, Carl C. Icahn, intends to use Facebook, as well as the web site www.shareholderssquaretable.com (and communications to its members) and Twitter, from time to time to communicate with the public about our company and other issues. Mr. Icahn’s Facebook page is located at www.facebook.com/carlicahn. It is possible that the information that Mr. Icahn posts on Facebook, through the Shareholders’ Square Table website and to its members, and on Twitter, could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information that Mr. Icahn posts on Facebook, that he provides on the Shareholders’ Square Table website and to its members, and that he posts on Twitter, in addition to the information that we disclose using our investor relations website, SEC filings, press releases, public conference calls and webcasts.”
At least one person isn’t happy about the pending insider trading settlement between the government and SAC Capital Advisors LP and isn’t afraid to make that known — anonymously. In an anonymous email to U.S. District Judge Laura Taylor Swain, who is presiding over the criminal portion of SAC’s settlement, the critic had harsh words for the Justice Department and SAC’s billionaire founder Steven A. Cohen. “LTS, you must be tough like [Judge] Rakoff, kill the plea deal now that SAC trader Mathew Martoma is convicted to force DoJ to put Steve Cohen behind bars,” the person wrote. “His billions were made by insider trading and stolen from investors.” [WSJ]
*Assuming you can’t get them imported to the joint.
As you may have noticed during your time as a Dealbreaker reader, technology is not exactly this operation’s forte. Among our many issues, browsing the site on one’s phone, as many of you tend to do during business hours, has been a mildly to majorly painful experience. Since punishing you is not our goal, some people have done some tinkering and revamping and come up with a mobile version that will be slightly more pleasant for you. No longer will you have to wait 60-75 seconds for a page to load. What a world! One important thing to note: we are still working on integrating comments, so in the meantime, if you’re reading on your phone or iPad, click the icon at the top right of the page, then the chat bubble, then the word ‘COMMENT,’ which will take you where you wish to go. Read more »
“I’ve moved on and am greatly enjoying private life,” Summers said today. [CNBC]
Thinking the impending government shutdown will save you from getting nailed by the Securities and Exchange Commission for insider trading or other types of financial chicanery? Think again! Read more »
His and Snowflake’s hands are clean. Read more »