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
23,443 Blog Posts

Is Carl “give me three seats on your board” Icahn About to Teach the Kid a Lesson?

icahn

 

Shares of HLF are halted for trade, news pending.

Montauk Bill Ackman is short to the tune of $1 billion dollars and is now underwater on this position, after driving HLF down into the $20’s.

Is an Icahn bid coming?

Stay tuned.

UPDATE: It appears HLF might name a new auditor. False alarm.

UPDATE II: PWC will serve as new accounting firm for HLF.

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4 comments

  1. bomo2

    PWC

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  2. pushaT

    Jewish kids, off the playground.

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  3. clegger_2000

    IEP is rocking for sure.

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  4. Steak

    PWC and ENY are the only two out of the big four that should be considered. D&T and KPMG tend to focus too much on hiring a diverse workforce, as opposed to hiring a skilled workforce. A young D&T partner should expect to pull down 50% of what a young PWC partner rakes in per annum.

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