iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Icahn Addresses His $HLF Position

This Scott Wapner guy needs to watch some old Mark Haines footage about how to properly interview a man of substance, like Carl Icahn. I’m not even going to link to the interview, since it’s too awful to watch, let alone promote.

In short, Icahn said he had a total of $14 million in exposure via long calls and short puts. It’s a brilliant move that limits his exposure, but gives him outrageous upside, should he win versus Ackman.

Also, let’s be frank, Icahn can throw another billion at the common stock, if he so chooses, to buoy the value of those options. Don’t think that doesn’t happen.

Icahn didn’t reveal anything of substance and clearly wanted to avoid getting into a soap opera-esque meatloaf throwing match with Ackman. But that didn’t stop that idiot, Scott Wapner, from goading Carl for no less than 10 excruciating minutes.

UPDATE: After the interview, Scott Wapner is still trying to create drama, instead of reporting the god damned news.

Long Icahn, short CNBC.

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20 comments

  1. rc

    still short Louisiana?

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  2. tw

    “is still trying to create drama, instead of reporting the god damned news.”

    Which is frankly all those douchebags have ever done.

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  3. jimmy_two_times

    Interview was terrible. CNBS needs the ratings.

    Final question “do you have anything to say to Ackman?”

    10mins of my life I will never get back.

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  4. CNBC Proudly Presents
    CNBC Proudly Presents

    carl icon vs bill ackmen hosted by SCOTT “KING OF ALL MEDIA” WAPNER

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  5. Vertigo

    Wapner is a synonym for “choking the chicken”.

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  6. King of all Muff

    I thin I’ll go Wapner now

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  7. Icahnator

    That Icahn is out there. He can’t be bargained with. He can’t be reasoned with. He doesn’t feel pity, or remorse, or fear. And he absolutely will not stop, ever, until Ackman is destroyed.

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  8. bco

    Fly if you believe Icahn is going to destroy Ackmann–why not buy a little HLF?

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  9. JakeGint

    I’ve always enjoyed Scott’s Dad’s show.

    You know, the magistrate.

    _____

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    • Bullish

      I drove through a strip mall yesterday and noticed the “We Buy Gold” place is shutdown and outta business.

      I think Glenn Beck was wrong all along. Fiat money is the only real currency in the world.

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    • metalleg

      He’s the godfather but Judy is pretty damn good too.

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  10. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Used to be a man would buy IBM, KO and F, watch it grow and will the shares it to his children and grand-children.

    But these two bastards think they’re back at the PS-2 playground.

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  11. juice

    Maria Barteromo vs Barney Frank, live now

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  12. TheHarper

    Mark Haines was nothing special. if anything, a blubbering buffoon.

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  13. Grmm

    I think bloomber blatantly copied the style of investigative journalism that was perfected by Mr Wapner http://bloom.bg/XTuj8N

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  14. Flicker

    Everytime I hear the name Wapner, it reminds me of the movie Rain Man. His interviewning skills are very annoying and lack style.

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  15. mad_scientist

    Wapner does this interview as if he’s Ackman’s boyfriend

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