Corporate raider Carl Icahn recovers $1 billion in his fortune as loan deal with big banks alleviates shortseller assault
Carl Icahn has been under pressure since May, when the short-seller Hindenburg Research alleged that his publicly traded conglomerate, Icahn Enterprises (IEP), used a high but unsustainable dividend yield to lure retail investors into a “Ponzi-like” operation where assets were held at inflated…
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