Icahn: Why High Yield Market Meltdown Is Just Beginning

Legendary activist investor also explains why he upped stake in Hertz

Author's Avatar
Dec 11, 2015
Article's Main Image

Carl Icahn (Trades, Portfolio) appeared on CNBC on Friday after the market tanked nearly 300 points, oil fell below $36 per barrel, and the meltdown in the high yield market. Icahn discussed why he believes the meltdown is just beginning, as well as his recent investments and why he increased his stake in Hertz (HTZ, Financial).

Interview With CNBC:

Part one:

Part two:

Part three:

Part four:

Part five: