Business

He’s Like a Crying ‘Little Jewish Boy’: Investors Hurl Accusations, Insults in Wild CNBC Interview

[Editors’ note: Parts of the following are from an article by Bruno J. Navarro that originally appeared on CNBC.com]:

Billionaire activist investors Carl Icahn and Bill Ackman traded criticism Friday on CNBC stemming from the latter’s short position in Herbalife and veering into a larger battle.

First, Ackman calls in to explain his position on Herbalife:

“Our goal here was to shine a line on Herbalife,” Ackman said on “Fast Money,” referring to the company which he called “a well-managed pyramid scheme.”

Ackman added that the nutritional-supplement company in which he announced a massive short position “deserves the highest level of scrutiny.

“Our goal here was to shed the light on the company,” he said. “Frankly, Carl did me a favor by picking on me.”

Next, Icahn calls in and everything pretty much goes off the rails after that [at about the 08:80 minute marker]:

“Ackman is a liar,” he said. “He’s got one of the worst reputations on Wall Street.”

Icahn also accused Ackman of destroying companies by publicly shorting their stocks.

“I’m telling you he’s like a crybaby in the schoolyard,” he said. ” I went to a tough school in Queens, you know, and they used to beat up the little Jewish boys. He was like one of the little Jewish boys crying.”

Icahn, who has criticized Ackman’s much-publicized short in Herbalife, issued a written statement.

“To get the record straight, I never asked Ackman to be my friend,” Icahn wrote. “Quite to the contrary, Ackman has stated to me on more than one occasion that it’s a shame we are not friends because then he could have invested with me. But, even if we were friends, I would never have invested with him because I believe he takes inordinate risks. HLF I believe proves this point.

“As it has been pointed out HLF can turn out to be ‘the mother of all short squeezes.’ Selling short 20% of the shares of a company such as HLF with limited partners’ money that can be withdrawn, in my opinion, leaves much to be questioned.”Bill Ackman has recently stated, ‘Carl Icahn is a great investor.’ I thank him but unfortunately I cannot return the compliment.”

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©2013 CNBC LLC., Bruno J. Navarro.

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Comments (37)

  • loneindividual
    Posted on January 26, 2013 at 8:03pm

    Icahn never answer any direct questions & if he did…he wasn’t clear.

    It was clear that a Big Man was panicking.

    Ackman probably wasn’t entirely truthful…but he certainly is the underdog here.

    The fact that Icahn mentioned Ackman’s race/religion is absolute evidence of an irrational argument.

    Understand that Masons & Jews don’t particularly get along. Jews have throughout history resisted EGYPT, BABYLON & ROME along with other Pagan Nations.

    Rockerfeller (corrupt Mason) during WWII (BEFORE America joined in) was investing in NAZI-GERMANY.
    The Rothschilds (Jewish Bankers) help defeat Napoleon (Mason gone Illuminati) TWICE and even set the Jews of Europe free from persecution.

    Rothschild assets were attacked & seized by the AXIS. The theory of Hitler being a Rothschild are irrelevant to the important fact that Hitler attacked the Jews & Rothschild assets. Rothschild gave Jews preference (affirmative action) cuz of the previous prejudice towards Jews before & during the Napoleonic Wars

    Don’t get me wrong…Never make a Deal with a Devil.

    The Rothschilds as well as other British, French, misc were probably a tad cruel to Germany after WWI.

    It’s a never ending cycle of hate….and we’re all pawns in their chess game.

    Hitler was just the meanest to the Jew. (Stalin was pretty bad too)

    Rockerfeller eventually helped fight against Hitler as well.

    Strange bed-fellows

    Report this comment

    loneindividual  
  • universalphilos
    Posted on January 26, 2013 at 2:33pm

    Spiritual guidance, April 15, 1977: “If you should plant a seed in the earth and care for it not, it shall not grow. It shall wither in the vine, in the seed, and rot away. And this is the way with your civilization. For those who should care, for those who should look unto one another as mirrors and reflect out, they should soon build the love and compassion that shall build a city, that shall build a country. But should they ever forget that the responsibility to look after their city is their own, then they shall get those that they shall deserve.
    We shall bring forth into your mind a country, that that you would call of Germany. And it did bring forth and give power unto one man who gave power unto others, as Beasts, and through that power they did mutilate and destroy millions of people upon the earth. They did persecute those of the Jewish faith, not because of their faith, but because of their nationality. They did not stop and ask them, ‘Are you good Germans? Do you love your country?’ Nay. They just destroyed them. They mutilated them. They raped the land as they raped the women.” http://www.angelfire.com/in4/aup_messiah/1977April15.audio.html

    Report this comment

    universalphilos  
  • SandyfromChesterfield
    Posted on January 25, 2013 at 10:24pm

    Carl Icahn is known as a corporate raider. Look what he did to Ozark Airlines. He purchased them with the money is the airline pilots overfunded pension plans. So he got it literally for free. He continued on to destroy TWA. What has he done to Blockbuster? He has destroyed many lives and will have to pay for that someday.

    Report this comment

    SandyfromChesterfield  
    • Fubared
      Posted on January 26, 2013 at 9:17am

      Always listen to the wanna be nazi with things related to the Juden. Is that all you got SillySally? Adolph is not impressed with your half assed attempts at reconstituting the Reich. Morsi is somewhat impressed, wants you to utilize dogs and pigs more in your propaganda though. Work on that.

      Report this comment

      Fubared  
    • grimmster
      Posted on January 26, 2013 at 3:28pm

      encinom, by the way you go off on the “juden”as you like to call them, my guess is, you are a self loathing jew yourself, f-n idiot…..

      Report this comment

      grimmster  
  • easye2984
    Posted on January 25, 2013 at 5:18pm

    Herbalife is a pyramid scheme. Anyone who doesn’t agree, look up at your ceiling right now, someone painted the word gullible on it.

    Report this comment

    easye2984  
    • Hungergamer
      Posted on January 25, 2013 at 8:53pm

      Where were you for the last 32 years, that’s how long herbalife has been in business, and yet until Ackman came out with his propaganda, I didn’t hear you or anyone else yelling pyramid scheme. You seem to fall for propaganda pretty easily, are you a “useful idiot” ?
      You see Ackman is a hedge fund manager, his goal is to make money for his fund, he doesn’t care about anything else, and yet you seem to think he was informing people that herbalife is a pyramid scheme to ” protect the little people”. You are a complete fool. Do your own research , don’t believe everything a hedge fund manager has to say. Ackman is not a good person, Icahn probably isn’t either, however what Ackman is doing is market manipulation plain and simple, and that is what Icahn was getting at.

      Report this comment

      Hungergamer  
    • JohnofOregon
      Posted on January 25, 2013 at 10:07pm

      I almost couldn’t stop laughing. Big ass liberal parasite using the term pyramid scheme?

      Excuse me, you whole liberal agenda is a pyramid scheme.

      In fact, social security is a pyramid scheme. If it wasn’t why did the balance report for the year 2011 contain a statute revision passed by the pelosi congress that exempted trustees from being prosecuted under that federal statute?

      The OASI asset of 2.5 trillion is an asset invested by the treasury. That “Asset” is a promise from congress to pay it back. It is not a secured asset. The treasury balances the budget writing this up as an asset but sense it’s not a legal bond it does not show up as a liability. That means…..yes, thanks to an exemption to statute we are 2.5 trillion farther out of balance. This is the ponzu scheme to end ponzu scheme.

      Every member of congress has this report. It even comes with charts and pictures.

      Report this comment

      JohnofOregon  
  • politicojim
    Posted on January 25, 2013 at 4:50pm

    this is how progressives work… they instill opinions into facts, THAT is an argument. Once someone starts to instill their opinion; you need to change the subject. It’s quite sad, and now I need to find ackerman on twitter and pat him on the back ha..! Icahn is nothing but a money whore, he IS richard gere from the movie, Pretty Woman… nothing more. He is the one that was upset with Yahoo, for not selling itself to microsoft, which would have raised the value of yahoo stock, creating dividend profits. That would have killed competition in the free market, but icahn doesn’t care, he is the left’s 1%… hypocrite?

    Report this comment

    politicojim  
  • breedofthe45
    Posted on January 25, 2013 at 4:23pm

    Oh these Socialist and their antisemitic rants. You know Obama should apologize to the British for that evil Independence War that happen on July the 4th. Let me shut up cause is a 99.9% possibility that he would do it.

    Report this comment

    breedofthe45  
    • techengineer11
      Posted on January 25, 2013 at 5:19pm

      They’re both Jewish. And both crooked as hell. lol

      Report this comment

      techengineer11  
    • Brasil2520
      Posted on January 25, 2013 at 5:48pm

      TECH

      You missed it yesterday they had a story about a “brawl at food stamp office” I made a few comments and jokes, a few minutes later my comments along with many others started to get removed, I”m like WOW ! One guy called the security guard’s at that office “zoo keepers” and his comments got removed, the censor was working over time, LOL !

      Report this comment

      Brasil2520  
    • techengineer11
      Posted on January 25, 2013 at 6:10pm

      Brasil2520
      Posted on January 25, 2013 at 5:48pm
      TECH

      Well there’s no question that Beck’s on Juden’s pay roll.. Yet he must give the conservatives just a little red meat; however, you simply can’t acknowledge the truth.. You have to assume if Juden’s perfect Neo-Con was in office then all would be at harmony in the Universe.

      Hey are guns legal in Brazil? Any predominantly white areas down there?

      Report this comment

      techengineer11  
    • Brasil2520
      Posted on January 25, 2013 at 6:50pm

      TECH

      If I don’t reply to one of your questions, its I’ve been blocked again, after about 3-4 comments I get blocked from posting till the next day.

      Anyway about this story vs. that “food stamp” story it’s like since Barry is back in the WH to say anything anti-black is becoming taboo, like it was in the 1980′s 90′s about Jew’s, yet the Blaze still throw’s us the red meat.

      About Brasil the part I lived in was/is a real **** hole the city is called Recife, like Sao Paulo, whites walk in fear like prey, and about guns not in Recife its like the laws in NYC we can’t have a gun, but the animals do.
      Egon Albrecht was a war hero and the only Brasilian that I know of to win the Knight’s Cross of the Iron Cross, he was from the city of Curitiba a very nice once all white area of mostly Germans, the only parts of Brasil that hasn’t been destroyed with mulatto crime is in southern Brasil.
      http://en.wikipedia.org/wiki/Egon_Albrecht
      Egon Albrecht – RIP

      Report this comment

      Brasil2520  
    • Fubared
      Posted on January 25, 2013 at 7:49pm

      Ooh look, a cyber klan meeting. Virtual hoods or just hoods on all alone at the laptop? How do you burn cyber crosses and do you get a smaller version of the iron cross for doing so?

      Report this comment

      Fubared  
    • Brasil2520
      Posted on January 25, 2013 at 8:25pm

      FUBARED

      LOL ! Thx for the complement !

      But as a foreigner the Klan would cut off my head and put it on a stick

      That’s the problem with the klan, they are so exclusive few can join, going back to the 1900′s 1920′s they didn’t even want women to join so you know how women – gotta get into a man’s business – so women started their own Klan for women they marched on one of the big DC marches of the 1920′s, as a group they had numbers as high as 3,000,000.

      The Klan did make great points about safe streets, fighting crime . . . compare the crime % on the streets today vs. 1920′s, back then you could leave your front door unlocked, today if you live next to the beauty of diversity you need 3 locks on your door, and that is true in America, Brasil, South Africa . . . So let me ask you, since crime is way up, how is this diversity progress ? ? ?

      Report this comment

      Brasil2520  
    • Fubared
      Posted on January 25, 2013 at 8:59pm

      Brasil
      No se. My hood is pretty tight, no issues, pretty diverse, lots of Jews to add to the security. Any story regarding a Jew or Israel is the silent dog whistle for techy. To each, his own. Let us pray he doesn’t need a good psychiatrist or brain surgeon with those swastikas on his person. Sanger had some great points and Hitler loved puppies and art. I didn’t get your point about the kluckers though. Cheers-

      Report this comment

      Fubared  
    • techengineer11
      Posted on January 25, 2013 at 10:58pm

      Brasil2520
      Posted on January 25, 2013 at 8:25pm
      FUBARED

      Nice response to fubared.. Unfortunately it appears to gone straight over his head.

      It is really hard to understand why people just can’t see what you said about the group in the 20s.. I mean night vs day yet people are blind.

      Fubared: A dog whistle eh? That’s pretty funny. Well since Jewish supremacy/marxism is my number one concern in America then at least I’m making my concern known.

      Brasil: I was listening to some show last week that was recommending mass migration for whites and they said Chile and I think Equador.. What do you think about those places?

      Although the truth is there’s no place to hide from these wicked people.. We will have to fight but unfortunately you know through their manipulation of the mass media they will have our very own mothers/fathers siblings killing us and thinking they are doing God’s work.

      I wish the masses could see them for they really are.. Like they did in Germany. Germany was almost free of the diabolical jewish influence.

      Report this comment

      techengineer11  
    • Brasil2520
      Posted on January 26, 2013 at 1:09am

      TECH

      FUBARED is a funny guy, but we are not going to get a one on one intellectual conversation out of him, like when I asked him if crime is up how is diversity progress. I got no reply just weird jokes.

      About whites moving to Chile, I could see that the weather is like northern Europe like southern Brasil, some spots do get cold, like when Europe lost both wars, after the war’s many Europeans moved to southern South America, but Equador ? Having Hispanic’s on each end eeeee, that doesn’t sound like a good white flight, and having the capital of south american crime Colombia to the north, again I say eeeee, if it gets to point us white have to move south I would first go to southern Argentina, then maybe Chile.

      I got a news report for you, I found this on a European site, it was the first I’ve heard of this – about a woman gang raped, why didn’t the American bankers news outlet report on this ? Well lets look at this report – a white woman raped by the beauty of diversity – yup I see why now.
      White’s in America are so dumbed down by the bankers media they have no idea just how bad crime really is.
      http://www.dailymail.co.uk/news/article-2262958/Christina-Eilman-Chicago-pays-22-5-MILLION-woman-gang-raped-plummeted-seventh-story-window-police-failed-proper-care-her.html?ICO=most_read_module

      Report this comment

      Brasil2520  
    • Fubared
      Posted on January 26, 2013 at 9:21am

      Techy
      You have acolytes: sillysally and Jihad Jerk have jack boots already, and are willing to chip in for the cattle cars and camps, but you may have to provide the arm bands yourself-they appear to be half ass nazis at heart. How many converts for the Reich are you up to? Aaaaah the Jews are after my stuff. Aaaaaahh. You have much to fear Techy; hide, run, start your camps or just STFU already.

      Report this comment

      Fubared  
    • techengineer11
      Posted on January 26, 2013 at 10:08am

      Brasil2520
      Posted on January 26, 2013 at 1:09am
      TECH

      Read the stoy on Council of Conservtive Citizens from this past week… 4 white women executed by our beloved black man gangster style in Tulsa yet Fox, cnn, nbc, cbs, abc don’t feel the need to inform us..

      Pretty amazing but you and I know this goes on all the time and is covered up in order to continue to promote their melting pot.

      Fubared: I don’t know what to say you.. Are you jewish? I’m an engineer. I prefer intellectual discourse to some degree.. I deal in facts for the most part.. You only offer meaningless rhetoric.

      I’ve actually only encountered one or two individuals on the Blaze over the past several years which even attempted to challenge the facts.. Obviously they are overcome with truth immediately but at least they tried to have a debate with facts.

      So I can only assume that you are either jewish or that you just do not have the intellectual capability to have an adult discussion.

      Report this comment

      techengineer11  
    • Brasil2520
      Posted on January 26, 2013 at 3:27pm

      TECH

      I went to that web site, this video was on it, good stuff they also had that video from the “brawl at the food stamp office” LOL ! – that the Blaze showed then started to remove our taboo comments.
      http://www.youtube.com/watch?feature=player_embedded&v=O1LuHGsXdUU

      Last night I caught the last minute of a news report about how Facebook now has to censor the comments, something about “racist comments”
      It’s getting to the point anything not pro-black is racist.

      Thx for that web site

      Report this comment

      Brasil2520  
    • Brasil2520
      Posted on January 26, 2013 at 5:13pm

      TECH

      Check out this report from – SHOCKING ! – MSN they reported on a beauty of diversity attacking the other beauty of diversity, MSN doesn’t let me make comments anymore, but check out the comments, the liberal MSN censor must be going crazy, most comments look like something I would write LOL !
      http://usnews.nbcnews.com/_news/2013/01/26/16708199-la-officials-3-held-over-attempt-to-drive-african-american-family-out-of-compton#comments

      Report this comment

      Brasil2520  
    • Fubared
      Posted on January 27, 2013 at 11:01am

      Brasil
      Is that the latin Machismo you referenced-the whole enchilada of women getting into your business? That is sweet and apropos to many of Techy’s lofty, high brow arguments. Perhaps the klan will take you on after all. Get Techy to sponsor you, get fitted for the hood, stay out of the sun and work on your accent-few issues at all with the new kluckers. Now the true Aryans may have a few issues, and the skinheads are a no go, but endeavor to persevere and you too can carry on with the whole racist, antisemitic meme of Techy, Jihad Jerk and SillySally.

      Report this comment

      Fubared  
    • Brasil2520
      Posted on January 27, 2013 at 2:38pm

      FUBARED

      “Latin Machismo” ! LOL ! Who do you think started prohibition, yup womens groups, who do you think started in court law suits to end mens only country clubs, yup womens groups, since women got the right to vote is America better or worse.

      Since Africans are now free slaves, is America better or worse. I would list black on white crime statistics, black on white rape statistics, but you don’t reply to questions, like I’m still waiting for you to reply to my question – (3rd time) if crime is up how is diversity progress ?

      About Mussolini, Italy was safer in the 1920′s 30′s, I would list crime statistics, but again you don’t reply to numbers

      Report this comment

      Brasil2520  
  • denkat56
    Posted on January 25, 2013 at 3:57pm

    Boys, boys does mommy have to come down to settle this or should I wait for your father to get home.

    Report this comment

    denkat56  
  • satotbs
    Posted on January 25, 2013 at 3:42pm

    In the interest of full disclosure Herbalife is the company that is “Incomeathome.com” and vice versa that is advertized on Glenn Beck Radio. It took me some digging to find this out some time ago. They seem to be on the up and up and have decent reviews as far as home businesses are concerned, however why all the secrecy? Also, if you go to the website good luck trying to get away from it without closing your browser.

    Report this comment

    satotbs  
    • Rowgue
      Posted on January 25, 2013 at 6:40pm

      It’s what the con artists like to call a “multi level marketting” business, which is nothing more than a thinly dsiguised pyramid scheme. Their profits don’t come from selling product they come from recruiting people to “work” for them, which consists entirely of them attempting to recruit more people. The only revenue they produce comes in the form of all their recruits paying them a “startup fee”.

      Report this comment

      Rowgue  
  • jungle J
    Posted on January 25, 2013 at 3:13pm

    Again, the mentally ill are everywhere. Only the sane get it.

    Report this comment

    jungle J  
  • M13
    Posted on January 25, 2013 at 2:08pm

    As a infamous liar once said “What difference does it make?”

    Report this comment

    M13  
    • Tukadoodle
      Posted on January 25, 2013 at 3:14pm

      Just more Antisemitism from GB for profits so where is the ” Jewish comment” he/they just made up. GB is a meglonaniac and a juvenile that never grew up. He is just a user/abusers and don’t ever donate a dime for his ” personal city” that just Religo noise. Nope, he is another ” church” Commie lining his pockets and an outright fraud. I used to subscribe but Never Again!!!

      Report this comment

      Tukadoodle  
    • nacilbuper
      Posted on January 25, 2013 at 3:47pm

      I can’t wait for the lawyer of someone on trial for murder telling the jury “What difference does it make, the victim is dead”.

      Report this comment

      nacilbuper  
    • DIR
      Posted on January 25, 2013 at 7:48pm

      @M13

      If the liar who made those statements takes herbal life she’ll soon know the difference. She’s be sittin on the can for 18 hrs a day instead of her normal 8 to 9 hours. It’ll be like a sceen from the movie dumb and dumber. She’ll be in the smoker ‘brushing her teeth,’ when Bill happens by the door and tells her not to use the toilet because it’s not working (he stopped it up). If they’re lucky it’ll happen just before a star studded party takes place.

      Report this comment

      DIR  
  • steve-in-pa
    Posted on January 25, 2013 at 2:01pm

    Not a big fan of either one of them, let’s see who gets the last laugh. I’m sure Icahn is shorting JC Pennies. Probably a good move for a small investor would be to short both co.’s. These two are putting out the bad publicity on both places, and the more negative the comments the lower the price. Might as well ride on the coat tails of these two arrogant people and make some money.

    Report this comment

    steve-in-pa  
  • Cavallo
    Posted on January 25, 2013 at 1:44pm

    Is there anything more to this than two investors who don’t really like each other’s style?

    Report this comment

    Cavallo  
    • Rowgue
      Posted on January 25, 2013 at 1:57pm

      The most important part of the article is the fact that somebody is drawing attention to the fact that that business and others like it are nothing more than pyramid schemes. That is sort of buried in the article and only mentioned in passing. For some reason the author decided they were going to focus on the little spat between the two investors rather than the real issue.

      Report this comment

      Rowgue  
  • brntout
    Posted on January 25, 2013 at 1:38pm

    Carl Icahn’t .. What a weasle.

    Report this comment

    brntout  

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