"In the months after the election, the stock price of CVR, Icahn’s refiner, nearly doubled—a surge that is difficult to explain without acknowledging the appointment of the company’s lead shareholder to a White House position. The rally meant a personal benefit for Icahn, at least on paper, of half a billion dollars."
-- from
The New Yorker,
in an article about how billionaire Carl Icahn failed -- their word, not mine -- in his 'raid on Washington.
Although perhaps a better question than the headline would be "Why are publishers and reporters so committed to not actually reporting what is going on?"
2 comments:
Yeah, I hate when people talk about how -only- making a $100million (or something like that) is a failure. I mean, WTF?!?!
Everyone's so desperate for "normal" that they're grasping for it even when it's not there.
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