Carl Icahn Endorses Herbalife In The Most 'Old Man From Queens' Way Possible

His GI problems get a shout-out.
Getty Images

Getty Images

Carl Icahn has previously cited his Queens heritage,* which dates back to the 30s, in the context of investment decisions so it probably shouldn't come as a shock that this is how he choose to discuss Herbalife, the company in which he continues to buy millions of shares in part to spite his nemesis, Bill Ackman:

“They make some good products, I believe. I personally don’t like the drink. I drank it, gave me a lot of gas. I didn’t like it,” Icahn said. “But a lot of people love the damn drink.”

Carl Icahn: Herbalife ‘gave me a lot of gas,’ but I might buy more shares [Yahoo]

*"I get a call from this Ackman guy and he’s like the crybaby in the school yard. I went to a tough school in Queens and they used to beat up the little Jewish boys and he was like these little Jewish boys crying saying the world was taking advantage of him."


How Should Bill Ackman And Carl Icahn Settle This Thing Once And For All?

When Mark Hughs founded a multi-level marketing company called Herbalife in 1980, he probably thought it had the power to do a lot of things. Help people lose weight. Makes others rich. Shake up the diet industry. What he mostly likely did not expect, however, was that his li'l company that could would reignite a feud between two billionaires that would devolve into a flurry of press releases quibbling over who was dying to be friends with whom, shouting matches on live TV, and, we predict, someone telling someone else he has a right mind to "Rip the eyes out of your head and piss into your dead skull! You messed with the wrong hedge fund manager!"