Icahn Capital

About six weeks back, investor Carl Icahn announced he’d be closing the hedge fund he opened in 2004. The move- and the fact that Icahn is 75 years old- got the Times thinking. Thinking things like 1) Icahn’s getting up there in years and might die soon (as evidenced by the headline “The Raider In The Winter” and 2) That he’d “lost so much money during the financial crisis that he is still a bit shaken by the experience.” Icahn addressed the second point, which he says is false, in a letter to the editor over the weekend. The short version? The Grey Lady can suck it. The slightly longer version: Continue reading »

According to Carl, he’s still shaken by the losses of 2008- those of investors, not his own- and wants to wash his hands of this whole thing. Letter via Dealbook:

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Dear Team Icahn

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Icahn Partners LP 4Q [PDF]