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‘The problem Icahn has is that his system has been outed by Hindenburg Research’

Hedge Funds

Hedge Funds Correspondent

Hedge fund billionaire Bill Ackman says that he has no long or short position in Carl Icahn’s multibillion dollar Icahn Enterprises after a report by Hindenburg Research left the firm’s stock reeling.

“Just watching from a distance,” Ackman said after comparing Icahn Enterprises with failed investment firm Archegos Capital Management.

Bill Ackman says he’s ‘just watching from a distance’ amid Icahn Enterprises $9bn stock rout

Bilal Jafar

Icahn Enterprises

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Season’s greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

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Bank of England Keeps Rates Steady After Fed Move

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