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An airline printed a magazine asking 'Who's Afraid of Carl Icahn?' — every CEO on Wall Street knew the answer.
Starting with a $400,000 loan from his uncle in 1968, Icahn built a takeover machine that forced companies to sell, restructure, or pay him to disappear.
His first major win came in 1979 when he flipped Tappan Company to AB Electrolux for a $2.7 million profit after posing as a friendly investor. By 1985 he was closing in on a billion-dollar airline called TWA — and nobody could stop him.
🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.
#CarlIcahn #WallStreet #CorporateRaider #ActivistInvestor #TWA #StockMarket #Finance #FinanceHistory
By Sleepy Stock MarketAn airline printed a magazine asking 'Who's Afraid of Carl Icahn?' — every CEO on Wall Street knew the answer.
Starting with a $400,000 loan from his uncle in 1968, Icahn built a takeover machine that forced companies to sell, restructure, or pay him to disappear.
His first major win came in 1979 when he flipped Tappan Company to AB Electrolux for a $2.7 million profit after posing as a friendly investor. By 1985 he was closing in on a billion-dollar airline called TWA — and nobody could stop him.
🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.
#CarlIcahn #WallStreet #CorporateRaider #ActivistInvestor #TWA #StockMarket #Finance #FinanceHistory