“It’s Like, ‘Fuck You, America’”: Aided by the Fed’s Cheap Money, Carl Icahn Is Exiting Herbalife and Making a Killing

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Thanks to the Federal Reserve, the billionaire buddy of Trump has a chance to reduce his stake in Herbalife in an ingenious way

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, or about a quarter of his position, for $52.50 a share. Icahn managed to sell $600 million of his shares without moving the market very much and without people worrying that the biggest shareholder was selling. “Ninety percent of the shares that were repurchased by the company were Carl’s shares,” says one Wall Street investor who has followed the Herbalife saga closely.

And now, thanks to the Federal Reserve, the billionaire buddy of Trump has another chance to reduce his stake in Herbalife in an ingenious way. He’s unlikely to get close to the $52 a share he got two years ago, but even a price in the low $40 per share represents a profit for the wily Icahn, who hashe paid an average price for his shares of around $20. The longtime investor is left dumbfounded by Icahn’s skills. “I thought he was going to get stuck holding the bag with this thing,” he tells me.

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How does it feel to be bought over by Jeffery Epstein? And that two young girls stories could have been put put their alot sooner if vanity fair didn't bend the knee to Epstein?

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