Category Archives: Carl Icahn

Why Billionaires Are Investing Heavily In Fannie Mae and Freddie Mac

By Andrew Grossman, BillionaireNews.Com Contributor Two giant corporations were driven to the point of insolvency in 2008 due to massive losses they incurred during the financial crisis of that Fall.  The federal government took control of these disasters because their imminent demise would cause a serious threat to the to the United States economy.  As … Continue reading

Latest Purchases By Carl Icahn

Carl Icahn operates a $29.7 billion portfolio that yields some of the best returns among all billionaire investors.  From October to December he’s managed to yield approximately a 23% return for him and his investors.  His latest purchase includes Nuance Communications where he acquired shares of the company in mid December 2013 for approximately $14.15 per … Continue reading