Carl Icahn Really Needs Those AIG Layoffs To Pay Off

Everything else is screwing him.

Because right now, nothing else is.

Shares of Icahn holdings like Chesapeake Energy, Cheniere Energy and Freeport-McMoRan, continued to weigh on Icahn’s portfolio in the first quarter of 2016….

Icahn said last week that he sold all of his Apple stock and on the surface it seems he may have sold the position at prices that locked-in some quarterly losses….

With Apple out of the picture, Icahn’s biggest holdings are AIG, PayPal, Cheniere, Freeport McMoRan and Herbalife.

Carl Icahn’s Investment Fund Falls By 12.8% In The First Quarter [Forbes]
Earlier: Layoffs Watch ’16: AIG Making Big Cuts To “Get Carl Icahn Off Its Back”