May
10

Carl Icahn Scrutinized for Shaping Policy That Helped Him Profit

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Carl C. Icahn, the billionaire activist investor, was once known for causing consternation in the boardroom. Now, he is the source of much hand-wringing on Capitol Hill.

On Tuesday, eight Democratic senators led by Elizabeth Warren of Massachusetts called for a federal investigation into whether Mr. Icahn violated laws against insider trading and market manipulation in his role as a special adviser to President Trump.

In a letter addressed to current and acting heads of the Commodities Futures Trading Commission, the Securities and Exchange Commission and the Environmental Protection Agency, the senators raised questions about Mr. Icahn’s majority investment in CVR Energy, an oil refiner…

Carl Icahn Scrutinized for Shaping Policy That Helped Him Profit

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Categories : Hedge Funds

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