

And then when they do it and their stock price goes up, if all goes well, he sells the company and he’s been doing this since the eighties. He took, and so he buys these things, he makes a lot of noise and harasses them to do what he wants them to do. Carl Icahn is an activist investor, sort of the OG activist investor on Wall Street, famous for taking big stakes in companies including Transworld Airlines, more recently, Netflix. So he’s been around Wall Street a long time. (Ortenca laughs) Tell us who this guy is.Ĭarl Icahn, age is 87. Carl Icahn’s still in the news, but for listeners who, you know, maybe don’t know the back story, Rob, you know, you’ve been around the block back in the old corporate raiding days. (Laughter) We are here to discuss a little bit of Wall Street history that’s not gone away. Or like also one of the most feared people on Wall Street.

(Laughter) I’ll call you like Wall Street Old-Guy Whisperer. Yeah, sorry, I have the longest title at the FT.

(Laughter) And Ortenca Aliaj, deputy corporate finance editor. I am reporter Ethan Wu, joined today in the New York studio by two guests - Robert Armstrong, US financial commentator. Today on the show, is Icahn gonna be OK? This is Unhedged, the markets and finance show from the Financial Times and Pushkin. His investment company, Icahn Enterprises, the stock is down more than 50 per cent this year after Icahn took an ill-advised bet against the US stock market. This is an audio transcript of the Unhedged podcast episode: ‘ Icahn has problems? ’Ĭarl Icahn - Wall Street legend, corporate raider, one of the most respected men and most feared men on Wall Street.
