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Ackman Points Out a Bit of Hypocrisy in Icahn's Comments About Ackman's Herbalife Short
Posted by: CanadianValue (IP Logged)
Date: January 25, 2013 03:15PM
I can't recall a feud carried out quite so publicly. First Icahn states that he doesn't like or respect Bill Ackman on cable television. Today Ackman gets a chance to reply by basically calling Icahn out for being a hypocrite.
Icahn said yesterday that he thought it was distasteful and too aggressive for Ackman to publicly announce his short position in Herbalife at the Ira Sohn conference. Ackman points out that in both 2002 and 2003 Icahn spoke at the exact same conference about his short position in Trinity Industries which he was short 22% the float of.
Here is Ackman speaking to CNBC:
Guru Discussed: Bill Ackman: Current Portfolio, Stock Picks
Carl Icahn: Current Portfolio, Stock Picks
Stocks Discussed: HLF,