Unhedged cover image

Icahn has problems?

Unhedged

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Carl Icon's Adventures on Wall Street

Last week, Icahn Enterprises cut its dividend in half. The problem is that the underlying assets of this company aren't performing great. There's a little bit of a disconnect there between the reason that everyone is buying into it and the sort of underlying fundamentals of the business. If I was ICON or his PR man and I had to defend him, I would make the case like this.

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