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
20,626 Blog Posts

Carl Icahn Discusses Markets, His CMBX 6 Short Position

I’ll spare you my swing trader stratagems for a day and present you with a must watch interview from 84 year old, legendary, Carl “fuck you give me three seats on your board” Icahn.

ZH covered this in detail, essentially what we’re talking about here is the complete destruction of the retail mall in America.

It’s Carl vs. Ackman — the final battle.

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21 comments

  1. narcist

    Per Drudge et al.:

    KIM JONG DEAD (probably)

    FWIW, markets stopped reacting to him since the 2018 summit and probably won’t tomorrow night.

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  2. moosh

    Good interview. Real estate getting fucked and a lot of bullshit tech/marketing is the play. Is that the gist of it? Thanks for the post Fly!

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  3. i_am_nemo

    Not that there was much left. J.C. Penny, Sears, Macy’s, Belks. The anchor stores of traditional malls are done. Plow that real estate under and build condos overhead with Chipotles, Starbucks, Shake Shacks, Wings at the base.

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  4. narwhal

    They’ll become amazon distribution centers

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  5. mx2101

    Fly thanks for posting the Icahn link.

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  6. purdy

    A profitable trade for him. But this interview suggests that he is now looking to unwind his short position – perhaps due to some planned DC intervention. “News” is seldom news.

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  7. tjnyt

    Dr. Deborah Birx, a member of the White House task force, predicted that the number of coronavirus deaths and hospitalizations will decline “dramatically” by the end of May.
    Fuck corona, fuck lockdown, Fuc Fauci, Gupta, Oz, all ass holes advising insecure politicos and every merchant of fear& hysteria. Fucked up the world economy for 200K deaths? Famine in NK killed a million out of a nation of 30M.

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  8. tjnyt

    We have come a long way from pre hominids to our current self, facing all sorts of creatures; viruses, bacteria, and parasites. Many of each genus still residing on our bodies at present. This will come to pass. But the toxic brew concocted by the interaction of media and health authorities and so-called experts is going to leave some deep scars, psychological and others…

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  9. tjnyt

    I am a physician in NYC, I did not change my work routine, kept seeing patients at their homes throughout this period. In my opinion, looking at what I have learned, the medical establishment failed miserably handling this pandemic.
    1. Did not develop mass testing to understand disease penetration.
    2. Made wild guestimate about fatalities.
    3. Wrong protocol about handling emergencies, eg, sending moderately ill home, who returned later near death with pneumonia and died on respirators or died at home.
    4. NH doctors and staff abandoned patients and the corpse piled. ( When that happened in Spain a few weeks earlier, I said it can’t happen here, how wrong I was) A simple device-pulse oximeter- could have saved at least half of those who perished in NHs.

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  10. soupbone

    Wondering if there is anybody compiling developments in understanding covid-19 that is both readable to the layman yet accurate and unsensationalized?

    I found this grosser gem that claims two SARS superspreader incidents where the aerosolized virus was transmitted to others via “stool gases”! Not to make light of this in any way.

    https://www.livescience.com/coronavirus-can-spread-as-an-aerosol.html

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  11. purdy

    re T shirts:
    “News” is not News …news is not new ..financial news is not new ..or work in the circle with a line through it (overused IMO) ..and/ my fav:

    News Isn’t

    Marketing for “News Isn’t” would go well beyond the IBC audience. While investors would assume that the shirt with the IBC logo spelled out was addressing their own victimhood ad the hands of some portion of the establishment, Foxtards would assume that the shirt with just the abbreviated logo was supporting them/Trump against the establishment, and for Maddowtards, instead of IBC use the logo BC/DC in order to suggest some sort as audience-assumed wokeness.

    I will accept whatever compensation you and your son deem appropriate as you cash in on my marketing genius.

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    • ha

      Shirt, but not iBC or on anywhere the street. People don’t like the truth.
      “Home of the caged; land of the cowering”

      Bill Gates is now calling it Covid-1.
      Hope it’s wrong but it seems Covid-II and a real lockdown is coming to your town on this Fall.

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    • ha

      Businesses (gyms, restaurants, etc.) should simply put up signs:

      OPEN with waivers
      or
      CLOSED – out of business

      businesses and people who have signed Covid waivers can get a steak and a beer and wear masks at other times. Others, stay ‘safe’ at home. Leave to individuals to decide.

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  12. richardweiner

    I listen to (((Carl Icahn))) for obvious reasons.

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  13. i_am_nemo

    https://paloaltoonline.com/news/2020/04/17/stanford-study-more-than-48000-santa-clara-county-residents-have-likely-been-infected-by-coronavirus

    Santa Clara has 100 deaths thus far.

    This is going to be the biggest boondoggle in history.

    This will turn out to be even less lethal than seasonal flu per capita. It just spread much faster.

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  14. Po Pimp

    Dude likes to talk shit when things are going good, but when he’s going to lose his ass he says “I can’t really speak about that because we’re on the boawd.”

    Also, he sounds like he’s come down with a huge case of the Dotard Syndrome.

    In sum, fuck this old cunt.

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