Icahn Still Falling
Icahn Enterprises LP (IEP) is down further today (along w the rest of the market). If Carl Icahn had a conventional margin loan (rather than one based on the company’s own valuation of its assets as described yesterday) he would be forced to sell stock & the price would be even lower (at $10.77 as this is written, IEP is down ~75% in the last 18 months,…
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