World's 3rd Richest Hedge Fund Manager Loses $10 Billion On "Ponzi" Accusations

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 342

  • @wallstreetmillennial
    @wallstreetmillennial  Рік тому +9

    Download Gainy now to experience the benefits of TTFs: go.gainy.app/ZOFw/wallstmillennial

    • @st24b
      @st24b Рік тому +4

      You just rightly finished your video with „nobody is above the market“ - this ad is contrary to exactly that…

    • @ray-mc-l
      @ray-mc-l Рік тому

      ever thought about just putting your research from videos into a paid substack newsletter? might be an easier way to monetize/have reliable recurring income

    • @williamferry739
      @williamferry739 Рік тому

      ​@@ray-mc-l900

    • @StephenGillie
      @StephenGillie 10 місяців тому

      Icahn't

  • @anthonytripp2251
    @anthonytripp2251 Рік тому +85

    Hindenburg is right. Not the first time they've called shenanigans. Markopolis was the first to call out Madoff but nobody listened

  • @dancahill9585
    @dancahill9585 Рік тому +322

    Considering Icahn has been destroying Publicly traded companies for his personal profit for decades, it couldn't happen to a better person. He has been destroying companies and careers for almost a half century. It wouldn't bother me in the slightest if he is left bankrupt and it destroys his health.

    • @samsonsoturian6013
      @samsonsoturian6013 Рік тому +8

      Liquidating. Not necessarily destroying.

    • @vincentorlando6767
      @vincentorlando6767 Рік тому +40

      The corporate raiders(Icahn) who use Leverage buyouts(LBO's), loading debt onto firms, selling off parts, sending them into bankruptcy in most cases. They changed their names currently to Private equity groups and some venture capital firms. It's designed to enrich themselves, at expense to everyone else, except insiders, sometimes shareholders.

    • @jeffshackleford3152
      @jeffshackleford3152 Рік тому +27

      @@vincentorlando6767 LBOs were one of the worst ideas ever allowed to exist.

    • @DipayanPyne94
      @DipayanPyne94 Рік тому +8

      It's not just LBOs, guys. It's the idea of allowing private companies to do whatever they want. Deregulation ! Duh !!

    • @SteveAaroe
      @SteveAaroe Рік тому

      All of the elites will be stripped of their wealth and destroyed. This is only the beginning. Their plans are back-firing in their faces.

  • @999NINE99
    @999NINE99 Рік тому +46

    I think that billionaires worry everyday that they will never repeat their initial success. This ultimately drives them into a bankruptcy through a series of poorly executed ideas.

    • @bmeht
      @bmeht Рік тому +4

      Basically every tech bro turned billionaire story, too. Cough zuck cough.

    • @999NINE99
      @999NINE99 Рік тому

      @@bmeht Couldn't agree more.

    • @3m5r56
      @3m5r56 Рік тому

      They never learn to live within their means. Even if your means are in tens of millions.

  • @OffGridInvestor
    @OffGridInvestor Рік тому +10

    Carl DESERVES TO go broke if you've heard from employees of companies how he's gutted them out to be left with the only new employees being drug addicts and people in bad circumstances who desperately needed ANY job. They get a valuation boost but ARE RUINED in terms of having a reasonable job there and the customers having the job done properly. That's what happened to pep boys. And likely all the others

  • @bradb.8594
    @bradb.8594 Рік тому +3

    Pure stock price manipulation by hedge funds. Icahn owns 85% of the outstanding shares. If the 15% of the remaining shares sold, how does 15% tank the stock price over 50%. Wut?

    • @johnl8428
      @johnl8428 Рік тому +1

      The 15% sold off with no buyers, unless icahn supports the price by buying everything, price will fall

  • @clarklex3982
    @clarklex3982 Рік тому +2

    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you...prevent inflation

  • @bradb.8594
    @bradb.8594 Рік тому +3

    How can a public stock be a ponzi scheme? You can get your money out at any time...🤔

    • @Compulsive_LARPer
      @Compulsive_LARPer Рік тому

      That's what the juicy dividends are for. Too keep the suckers in.
      But I agree that this scumbaggery isn't strictly a Ponzi; as it seems more "sophisticated" than the average shadiness. It may end up going down in history as an "Ichan scheme"

    • @biometal770
      @biometal770 Рік тому

      Did you watch the video?

    • @septimiusseverus1154
      @septimiusseverus1154 Рік тому

      @9:41

    • @bradb.8594
      @bradb.8594 Рік тому +1

      One of the key components of a ponzi scheme is you're unable to withdraw all your money at one time. You're stuck. When it collapses, you can't get out.
      IEP is a public stock. You can sell at anytime.
      Raising capital and paying dividends isn't a ponzi scheme. If Icahn borrowed from a bank and paid dividends, would that be a ponzi scheme? It might not be smart but it's definitely not a ponzi scheme.
      Words have meanings. Call it disingenuous or a fraud if you want, but saying something is "ponzi-like" is just trying to smear a reputation.
      Hindenburg is not the good guy here. They just want to manipulate to make money. No different than everyone else in Wallstreet.

    • @Compulsive_LARPer
      @Compulsive_LARPer Рік тому

      @@bradb.8594 That's why Hindenburg called it "Ponzi-like".

  • @buffalodiesel1809
    @buffalodiesel1809 Рік тому +6

    Nice to hear......... hope the FEDs win.

  • @bolsa3136
    @bolsa3136 Рік тому +6

    Respectable? Lol the guy is the inspiration for Gordon Gecko...

  • @zdrux
    @zdrux Рік тому

    man.. what a fall it must be from being a billionaire down to running a ponzi to lift yourself out of your losses.

  • @wachamakolit1
    @wachamakolit1 Рік тому +1

    No such thing as "true wealth and real rich person"....too good to be true, regardless!

  • @ebx100
    @ebx100 Рік тому +5

    And some politicians suggest ordinary people put their retirement funds in this garbage?

  • @jadeswormfarm
    @jadeswormfarm Рік тому +1

    Love your content. It's like im entering a parallel dimension. Mind blown 😳😲

  • @LIONTAMER3D
    @LIONTAMER3D Рік тому

    Who TF gets accused of running a ponzi scheme that's NOT running a ponzi scheme?! =/

  • @srreventon
    @srreventon Рік тому

    He ruined airline employees retirement... he is what the movie WALL STREET greed is good tona certain extent.. glad to see him loose some billions

  • @georgiebestmanutd4746
    @georgiebestmanutd4746 Рік тому

    Icahn won a shoot out on Herbalife against Pershing Square's Bill Ackman. Even Icahn can't escape John Maynard Keynes' mantra: markets will remain irrational longer than the investor can remain liquid 2 meet margin call

  • @franciscodanconia4324
    @franciscodanconia4324 Рік тому +5

    Here’s my question: how is a short seller allowed to publicly release a report that can be a self fulfilling prophecy? Even if Icahn is completely above board, doing this could cause the crash, instead of fundamentals causing the crash. Especially with a majority shareholder that has secured collateral loans using the stock.

    • @tonycrabtree3416
      @tonycrabtree3416 Рік тому +1

      Musk has complained about this and this is exactly how meme stocks took off in 2021.

    • @anita.b
      @anita.b Рік тому

      Capitalism cannot have a single check and balance because it will cause instability huh?
      Sounds like an amazing monetary system.

    • @lizazagirova
      @lizazagirova Рік тому +1

      Exactly my thought!

  • @emsafdari8336
    @emsafdari8336 Рік тому

    Love of money is the Root of all evil.

  • @GeorgeAtkin-pz7rl
    @GeorgeAtkin-pz7rl Рік тому

    I find this amusing when you look at the American national debt - pot/kettle black sound familiar?

  • @You_are_Right_
    @You_are_Right_ 2 місяці тому

    Everyone wants to trash the man. He’s doing what people pay him to do! Stop being greedy.

  • @vsonic86
    @vsonic86 Рік тому

    That is true? Heard he still has a lot of money.

  • @jedwards1792
    @jedwards1792 Рік тому

    Ah, gee. It couldn’t have happened to a more deserving person.

  • @slumdog40
    @slumdog40 Рік тому

    He's not a hedge fund manager

  • @chris0000924
    @chris0000924 Рік тому

    Markers can remain irrational longer than you cak remain insolvent

  • @Mrrossj01
    @Mrrossj01 9 днів тому

    Check his IE value.

  • @crinklecut3790
    @crinklecut3790 Рік тому +3

    He lived long enough to undo all the successful work of his entire lifetime.

  • @bettyswallocks6411
    @bettyswallocks6411 Рік тому

    Will he get the same cell that Madoff occupied?

  • @lionrock2023
    @lionrock2023 Рік тому

    No one is above the table?
    I have invested, and will invest?
    does that make Hindenburg, John Wick?

  • @glencecil293
    @glencecil293 Рік тому

    Hindenberg have a reliable track record.

  • @CalebRimmer-xt6rp
    @CalebRimmer-xt6rp Рік тому

    Not a “ponzi” an “Icahn scheme”

  • @jonathancruz5716
    @jonathancruz5716 Рік тому

    He is good friends of a former president. Wondering who taught who how to be a sleeze ball.

  • @brunon44
    @brunon44 Рік тому

    Couldn't have happened to a nicer fella..!!! Being sarcastic, of course.

  • @lizazagirova
    @lizazagirova Рік тому

    He isn’t alone losing money on his stocks 😢

    • @garysimpson1486
      @garysimpson1486 Рік тому

      Only If you sell them .

    • @skyflower7
      @skyflower7 Рік тому

      Feeling sad for you. This is why brokerage account are so helpful. Sell it within seconds

  • @OnTheThirdDay
    @OnTheThirdDay Рік тому +3

    0:20 This guy looks like Richardo Maldobam

    • @robertbeisert3315
      @robertbeisert3315 Рік тому

      Ricardo Mantalban? Khan, Mr. Roarke, the grandpa from Spy Kids, all that?
      I mean, you're not wrong.

    • @OnTheThirdDay
      @OnTheThirdDay Рік тому

      @@robertbeisert3315 Yes. I misspelled his name.

  • @mulemule
    @mulemule Рік тому +1

    3:08 *Intro and Advertisement Ends*

  • @alezacrespublik6655
    @alezacrespublik6655 Рік тому +73

    He's a Corporate Raider, no tears lost on him

  • @wtf_usa5597
    @wtf_usa5597 Рік тому +105

    It's amazing that a private company (Hindenberg) has to literally do the work the SEC is supposed to be doing. 😖

    • @YoungMoneyInvestments
      @YoungMoneyInvestments Рік тому +37

      Hindenburg is financially incentivized, the SEC isn’t. Great example of how capitalism is a greater motivating force to get things done than love for one’s country.

    • @Theiliteritesbian
      @Theiliteritesbian Рік тому +7

      Thats just how exchanges have always worked - hedge funds don't short stocks on a whim - they do their research and find out who is full of it or cheating. Without short sellers every stock would go up all the time without exception.

    • @nomanejane5766
      @nomanejane5766 Рік тому

      ​@@YoungMoneyInvestmentsthe rich lobby politicians to defunf the SEC and the IRS, so they can't get caught committing financial crimes

    • @lug.5329
      @lug.5329 Рік тому +2

      @@YoungMoneyInvestments , or the government of the US in terms of finance policing is just inept.

    • @SC-bs7jd
      @SC-bs7jd Рік тому +1

      How hard is it to do a few favors for senior SEC employees? What do you want? ;)

  • @joeyjo-jojuniorshabadoo6827
    @joeyjo-jojuniorshabadoo6827 Рік тому +35

    Activist? The TWA story makes him seem like a parasite that eventually killed its host.

    • @mandelbro777
      @mandelbro777 Рік тому +9

      Parasite indeed. The parasite business plan is a pretty popular one in New York.

    • @TheRealJellyBomb
      @TheRealJellyBomb Рік тому

      No, activist investor.

  • @kondor99999
    @kondor99999 Рік тому +17

    I hate this guy. All he knows how to do is buy companies with borrowed money, then strip-mine the company for all its assets before parachuting out with a percentage of the proceeds. He’s never created *anything*.

  • @ohyeahwhat5387
    @ohyeahwhat5387 Рік тому +49

    Icahn is a green mailer, a raider, nothing more. Activist investor is an oxymoron for what he does.

    • @YasirKhalid1
      @YasirKhalid1 Рік тому +2

      That's just branding due to his influence in the markets n media. People like him give a bad rep to real activist investors

  • @thomaslgregoryjr
    @thomaslgregoryjr Рік тому +102

    Icahn’t believe he’s been allowed to manage his investment firm in such a dubious way

  • @richmorten
    @richmorten Рік тому +174

    The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

    • @julienwater
      @julienwater Рік тому +5

      Find a way to take advantage of the current market condition, it seems that we are moving in the same direction as Venezuela and that will not be good for anyone.

    • @laurabruce-op1xx
      @laurabruce-op1xx Рік тому +4

      You will need a strong FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

    • @laurabruce-op1xx
      @laurabruce-op1xx Рік тому +4

      @@KevinEvans-mq4ob ELISE MARIE TERRY is my financial advisor. She was featured in a CNBC interview, where I discovered her, and I contacted her later. Since then, she has given me entry and exit points for the stocks I am interested in. If you want to make a fast online search using her name, feel free. I essentially follow her market decisions and haven't felt bad about it.

    • @lindsayross-pt3jv
      @lindsayross-pt3jv Рік тому +2

      She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

    • @cameronhoglan
      @cameronhoglan Рік тому +1

      These bot comments just keep getting more and more advanced lmao

  • @tonycodolo
    @tonycodolo Рік тому +87

    This could not happen to a more deserving man, I hope he looses every cent he had.

    • @AyuNeko
      @AyuNeko Рік тому +5

      he will still exit with millions and live comfortably till he dies....

    • @confusedzentradi
      @confusedzentradi Рік тому +1

      It’s lose not loose. Loose lips sink ships. You lose money in the stock market.

    • @tonycodolo
      @tonycodolo Рік тому +2

      @@confusedzentradi Thank you for the correction,

  • @AlanTheBeast100
    @AlanTheBeast100 Рік тому +37

    This isn't so much a "Ponzi scheme" as, if the allegations prove true, an "Icahn scheme".
    It astounds me that nobody else picked up on the leverage due to valuation based on a mere 15% of shareholders. Why would any sane bank give him that much margin?
    Just the name "Icahn" I guess ...

    • @CarFreeSegnitz
      @CarFreeSegnitz Рік тому +7

      Old boys club. Almost certainly Icahn was golfing with more than a few banking execs.

    • @sn5301679
      @sn5301679 Рік тому +3

      Rename to Ichan't

  • @Aziz__0
    @Aziz__0 Рік тому +105

    According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

    • @MrGravity304
      @MrGravity304 Рік тому +2

      Currently, my primary worry is how to increase revenue during periods of quantitative easing. I cannot afford to witness my savings dwindle away.

    • @devereauxjnr
      @devereauxjnr Рік тому

      @@MrGravity304 My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.

    • @freedomisEexpensive-08
      @freedomisEexpensive-08 Рік тому +1

      @@devereauxjnr This is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?

    • @devereauxjnr
      @devereauxjnr Рік тому +4

      @@freedomisEexpensive-08 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up.

    • @freedomisEexpensive-08
      @freedomisEexpensive-08 Рік тому +1

      @@devereauxjnr Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @robertharvel6482
    @robertharvel6482 Рік тому +55

    I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering. Any recommendations?

    • @lucyAngletont
      @lucyAngletont Рік тому

      Cryptocurrency crashed the last couple years, so it should be starting a new run to a new high.

    • @RandyPelletier
      @RandyPelletier Рік тому

      I grew to a 7 figure well-diversified portfolio. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Trisha Jean Webb my F.A... she is super helpful to a lot of beginners out there.

    • @robertharvel6482
      @robertharvel6482 Рік тому

      ​@@RandyPelletier Searched for your FA , she has a pretty decent bio, I wrote her and I'm waiting on her reply.

    • @alpark3024
      @alpark3024 Рік тому +3

      scammer

    • @alpark3024
      @alpark3024 Рік тому +3

      @@RandyPelletier scammer

  • @lombardo141
    @lombardo141 Рік тому +60

    I have said this many times. To be a multi millionaire or a billionaire it’s impossible to get there being on the straight and narrow. You have to lie, steal ,cheat and hope you don’t get caught to be at the top. The sooner you realize this the better off you will be in whatever your current situation is.

    • @DipayanPyne94
      @DipayanPyne94 Рік тому +7

      Exactly. Most people do not have any idea that one only becomes a centi millionaire or billionaire because of policy or inherited wealth or both.

    • @CarFreeSegnitz
      @CarFreeSegnitz Рік тому +11

      “Behind every great fortune is a great crime” : Honoré de Balzac.

    • @DipayanPyne94
      @DipayanPyne94 Рік тому +4

      @@CarFreeSegnitz Yup.

    • @marilynlucas5128
      @marilynlucas5128 Рік тому +1

      Man, I knew it. That's what they all do. None of them can fool me with the guise of philanthropy they try to pull over people's eyes.

    • @o__sama
      @o__sama Рік тому +13

      Just because you can't become one, doesn't mean everyone who did it cheated. It is pathetic to think that.

  • @graymars1097
    @graymars1097 Рік тому +25

    Hindenburg is gaining some serious trust points. I dont think anyone in his or her right mind would do anything to jeopardize that
    Also, Hindenburg itself is basically a stock trader which makes me think: what they know that we dont know, that they haven't shared with us yet
    Even if Icahn doesn't actively operate a Ponzi scheme, his "money management" styles/methods could resemble one, even if it's temporary!
    Lets not forget this is a corporate raider, not a trader! I wouldn't be shocked if we see that he did this. Just because you can dismantle a company and/or turn it around, doesn't mean you're gonna be a good fund manager 😅

    • @jeffshackleford3152
      @jeffshackleford3152 Рік тому +2

      I imagine Hindenburg has positioned themselves long before they release any report.
      Meaning that they are either accelerating the inevitable decline or they need to cash some of their position out, so they at least put a short term wiggle in the stock to take profits in and then keep their wider position in place.
      Either way, they probably don't know much more than we do, they see an anomaly in the 10K and then do work to verify it.
      I think if one of us had the ability to do this, we could easily repeat what they are doing.

  • @kozmaz87
    @kozmaz87 Рік тому +5

    I personally do not like these billionaire origin fables. How it is from rags to riches and how it was all ingenuity... in most cases people get lucky and/or unscrupulous. For instance: increasing shareholder value is almost always at the expense of the company's products and screwing over its customers. Forced obsolescence/unrepairability/infuriating lack of support/reduced service/legal shenanigans/patent trolling/etc. all increase shareholder value.

  • @alimichelle6662
    @alimichelle6662 Рік тому +25

    MOST rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

    • @yaganabulama775
      @yaganabulama775 Рік тому

      I'm from Los Angeles , I and two other of my friends tried her immediately we testified her performing wonders

  • @aritragupta4182
    @aritragupta4182 Рік тому +11

    This...does bring a smile to my face 😊

    • @av_oid
      @av_oid Рік тому +1

      I’m sure it brings Bill Ackman an even bigger smile.

    • @aritragupta4182
      @aritragupta4182 Рік тому +1

      @@av_oid I share that with him. That's how I came to know about Carl Icahn - while reading about Herbalife.

  • @azizkash286
    @azizkash286 Рік тому +6

    Why would anybody invest in a company that offers a 15% dividend in the first place.

  • @newsystem3667
    @newsystem3667 Рік тому +10

    He is 87 years old, so even if he is found guilty he already had all the fun

    • @crinklecut3790
      @crinklecut3790 Рік тому +3

      Prosecution now is just a question of who’s gonna pay the nurse who wipes his ass until he checks out. Hopefully not the taxpayers .

    • @brunon44
      @brunon44 Рік тому

      There won't be as much for his heirs after all this.

  • @jimjackson4256
    @jimjackson4256 Рік тому +4

    Why isn’t the SEC finding these things? That is what they are getting paid isn’t it?

  • @Marva123
    @Marva123 Рік тому +3

    Just from what he did to TWA, I hope he loses his money, its called Karma coming back around.

  • @tonydevos
    @tonydevos Рік тому +4

    Hopefully Hindenburg will take on Musk

    • @psoltan
      @psoltan Рік тому

      Musk has a fanbase because he does cool things. They ignore things like P/E. His problem is that he says things, publicly, he shouldn't. Hindenburg doesn't have to do anything except short Musk stock and wait for him to shoot himself in the foot.

  • @isbestlizard
    @isbestlizard Рік тому +3

    He looks exactly like the evil corp CEO from mr robot o.o

  • @GradyBaby13
    @GradyBaby13 Рік тому +4

    It's all in the name : I Con

  • @Rainy_Day12234
    @Rainy_Day12234 Рік тому +6

    Investing like life is where you could have a 99.9% winning percentage and still lose.

  • @N1WP
    @N1WP Рік тому +3

    Thats what happens when you're leveraged up.

    • @garysimpson1486
      @garysimpson1486 Рік тому

      You should never borrow. You should Drs never sell or in the hands of brokers

  • @babyelephant4103
    @babyelephant4103 Рік тому +5

    Corporate raiding and trading speculative assets are completely different businesses. Seems to me like he made the switch with too much size to walk back.

  • @ruthc8407
    @ruthc8407 Рік тому +2

    I had a good friend who worked for TWA for many years. According to her their pensions were swallowed up in the sale to Icahn as well.

  • @ciro8861
    @ciro8861 Рік тому +1

    are we supposed to take the feds involvement seriously? the same feds who regulated madoff?

  • @dleer_defi
    @dleer_defi Рік тому +5

    This was an incredible breakdown!

  • @jimmyyu2184
    @jimmyyu2184 Рік тому +3

    "No one is above the Market." Reminds me of John Wick, "No one is above the Table/High Council". LOL.

  • @pikachus5m166
    @pikachus5m166 Рік тому +2

    The fraud is in the name, I CON.

  • @investor.z
    @investor.z Рік тому +1

    Lmao rags to riches. His family was well off. In 1968 he got from his uncle just a small loan of $400,000.00 or $3,507,000.00 in todays dollars to start his fund. Yeah truly rags to riches. Just a small loan of a few million from family.

  • @mattolivier1835
    @mattolivier1835 Рік тому +2

    Haha! I love it! Burn baby burn! Keep it up son! BOOOOM!!!!!! Hahahaha. Going doooooooown! Kapow!

  • @simplemechanics246
    @simplemechanics246 Рік тому +1

    All these financial thing should be banned!!! The financial system should base only the real economy and nobody should not able to leverage the system and play with money!!! If they want to play, they should go casino. The short selling should be banned, because it does not serve the economy purpose at all!!! Too much garbage on the system, all that need to be cleaned out!!! There goes massive amount greedy fat people to jail on wall street...they are deserved all that

  • @vsonic86
    @vsonic86 Рік тому +1

    Will Bill AcKman short IEP? Bill it is time to revenge on what Icahn did to you.

  • @michaelswami
    @michaelswami Рік тому +2

    In addition to the unusual financial scheme to pay dividends, investors get diluted because Icahn owns more and more of the company through the stock dividend.

  • @artmaltman
    @artmaltman Рік тому +5

    Excellent and clear analysis.

  • @europana7
    @europana7 Рік тому +5

    Sounds like how Trump estimates his properties’ values …

  • @reecer5469
    @reecer5469 Рік тому +13

    Why would you do this at 87 with a net worth of Billions? This is outwards symptoms of some serious internal issues.

  • @momentumstocks3493
    @momentumstocks3493 6 місяців тому +1

    It does seem 99% of billionaires are in some way "unethical" at the very least.

    • @MrVohveli
      @MrVohveli 2 місяці тому

      In business the terms of transactions are usually determined by the least ethical person participating: if you have 2 companies that make the same thing and company A goes over seas while company B believes that the people will buy domestic for more money. In short order only company A exists and anyone else looking to be in that field, must go overseas. So it's not possible to do a substantial amount of business without competing and winning over more or equally unethical people as yourself.

  • @theplanebrain
    @theplanebrain Рік тому +1

    A cash dividend is a cash dividend. Just because Icahn takes his payment in stock doesn’t mean the cash doesn’t exist on paper.
    Edit: well I guess if you control the company completely and are willing to be fraudulent you can. You take the dividend in shares and then sell those shares for profit. If that’s the case…..yikes

  • @randoir1863
    @randoir1863 Рік тому +2

    In short , he's finally been caught doing shady shit that he's been doing all along and he's not as smart as he wants you to believe he is .

  • @timog7358
    @timog7358 Рік тому +3

    what goes around comes around

  • @dosgos
    @dosgos Рік тому +1

    Many private equity funds aimed for 85% debt and 15% equity (ratios varied over the years). One might ask if Ichan just was running a similar program via a 15% public (perpetual) equity program. But Ichan is not a bank lender but rather has an odd intermediary position which I am not following.
    This one is interesting and merits a part 2 IMHO.

  • @mikeh.1130
    @mikeh.1130 Рік тому +4

    I'm taking Icahn's side. Makes me wonder how much money Hindenburg has at stake.

  • @kendi1417
    @kendi1417 Рік тому +1

    He doesn't sound like a great investor.

  • @ashtontyler3774
    @ashtontyler3774 Рік тому +1

    Karma is a B!!!! Thank you Hindenburg!!

  • @raymondcaylor6292
    @raymondcaylor6292 3 місяці тому

    I'm a buyer at $15.60 avg X 900 shares. If it hits $15 again I'll pick up another 100 shares. It's either going to $40 by 4/30/25 or be taken private $15-$18 by then. Hoping for the $40.

  • @protasiocanalita6436
    @protasiocanalita6436 Місяць тому

    Sir our Lord Jesus Christ loves all of His creation nobody is left behind if only they be evangelize and embrace the true Roman Catholic church and the TLM mass. We will still share our blessings with you in the future. Relax our Lord Jesus Christ has all of you covered up there in your mansions our Lord loves all His children .

  • @momentumstocks3493
    @momentumstocks3493 6 місяців тому

    So he trades O.P.M., His own money, has a public traded company listed on the stock market which he owns 85% of the stock.
    Wow......when is enough enough?

  • @bobz1736
    @bobz1736 10 місяців тому

    The answer to most such questions is... LUCK and GREED !

  • @FizzleFX
    @FizzleFX Рік тому

    Hindenburg is a saint. At least THEY take some effort and walk a mile to get behind the scams. Yes, they get money out of it, but so try others without lifting a hand!

  • @Handle1969
    @Handle1969 Рік тому

    I would like “Millennial” to do a whopping story on how bad/good Icahn did to America itself! Honestly, making “money” work better is good, right? Killing good stuff like jobs is bad. So how did we, er, “the people” make out over the last 50 years … including the Middle people, and the Little people.

  • @matthew.m.stevick
    @matthew.m.stevick 4 місяці тому

    I’m just gonna binge watch this entire channel, I can’t help it. I love all of these stories, so interesting and scandalous

  • @jeffw8218
    @jeffw8218 6 місяців тому

    Interestingly, I owned shares of this stock a while ago due to the dividend, but then got out because it didn’t make any sense and I thought something f*cky was going on.
    Turns out, I should’ve done more research and shorted the stock 🤷‍♂️

  • @nicklovell8148
    @nicklovell8148 Рік тому

    The HINDENBURG report... really you can’t make this stuff up... crash and burn baby crash and burn! It almost seems like Icahn has had his card marked.

  • @rommeltito123
    @rommeltito123 2 місяці тому

    Well we in India all saw what hindenberg is. A hit-n-run mercenary. They should be behind bars and here you are making video based on their mercenary operations. Well done

  • @skyflower7
    @skyflower7 Рік тому +1

    "if you want a friend at wall street get a dog " - carl ichan
    "You better use one of your dog friends" -bill ackman 🤣

  • @3m5r56
    @3m5r56 Рік тому

    What goes around. Finally comes around. When this scandal is over. If he does not get jail and pays some billion dollar fines. There will be plenty of bankers to back his next target.

  • @tenzinpassang4812
    @tenzinpassang4812 Рік тому

    Man, what is up wit these names mab. Forst, it was Bernie Made-off with lots of money. Now, Carl I-con for living. 😅😅😅

  • @3m5r56
    @3m5r56 Рік тому

    Another high flying New Yorker currently running for President may have a valuation problem with his office towers and rents they bring in. I

  • @marcdenton2996
    @marcdenton2996 Рік тому

    Maybe they should have followed Warren Buffet & Charlie Munger? There basic rule of life is be honest, moral, ethical.

  • @profdg7945
    @profdg7945 Рік тому

    Shenanigans aside, a short seller writes a negative article and gets what they want in the form of a price decline. Icahn might be dirty, but the short seller manipulated the price of the stock for their own benefit.

  • @charlessavoie2367
    @charlessavoie2367 Рік тому

    He is not a Crown loyalist Episcopalian, therefore susceptible to Pilgrims Society members looting him.