Carl Icahn: The Problem With Corporate America Is That It's Full Of Fraternity Presidents

Author:
Bess Levin
Updated:
Jan 14, 2019
Original:
Dec 2, 2009

[via BI]
Nice guys, but not too bright, according to Carl, who was addressing a bunch of Yale students via Webcam. He also talks about how he "made a few bucks playin' pokah," Princeton being a better school than Yale (but Yale still being "pretty good"), and the model and car he used to ride just after getting out of school. He seems to have some difficulty with the technology (he can't hear all the questions in the Q&A and leans in very close and starts shouting at the screen at one point), and at times you think he's going to tell the kids to take five so he can catch a few winks but there's something mesmerizing about the whole thing (probably the accent) and I really just want him to be my grandfather.

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There are many people in the universe who are fans of hedge fund manager Bill Ackman. They like his style. His charm. The way he makes them feel. The fact that he's not afraid to show his emotions or give them an honest opinion about their new dress or say "You know what? Those highlights really aren't working for you." Carl Icahn, however, is not one of those people. Save for a fleeting moment of supposed amicability following "a lengthy, boozy dinner," Icahn has viewed Ackman as a punk for nearly a decade; an untrustworthy little jerk who Ichan's friends supposedly told him not to do business with. (The feeling being more than a little mutual; as Ackman has put it, "The guy is a shakedown artist. His word is worthless.”) Anyway, in case anyone was wondering if the investors had put an end to their feud with another long, booze-filled meal, wonder no longer.

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"You know who I can relate to? I’m nothing like Alexander the Great and I don’t want it to be misconstrued that way, but I was reading his biography and I can relate to one aspect about the guy. He could have stayed in Persia and had a nice life. Instead, he went off and fought a new fight. That’s how I can relate. I don’t like just sitting there. I enjoy the hunt much more than the “good life” after the victory." [BreakingViews via BI]

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