With his company Icahn Enterprises (IEP), the activist investor is otherwise driving other corporations in front of him.
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new York Aggressive short sellers, activist investors, actions by the prosecutor – the recent struggle of the titans on Wall Street has everything a good financial crime thriller needs. On Wednesday, Wall Street legend Carl Icahn denied short-seller Hindenburg Research’s allegations of fraud. The reaction followed immediately: Hindenburg criticized Icahn’s explanations as insufficient.
Hindenburg Research, a shortseller founded in 2017 by Nathan Anderson that bets on falling stock prices, is on one side of the conflict. His allegations have already brought the truck start-up Nicola to its knees. On the other hand, there is Carl Icahn, 87, who otherwise drives other corporations before him as an activist investor with his company Icahn Enterprises (IEP).
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