Saturday, January 06, 2018 5:11:03 PM
Before election, it was very risky for Icahn and Paulson to buy Millions of shares assuming possible HRC win and permanent NWS. After Trump's win, Icahn and Paulson started adding and that's why you see all this up and down and delay. That's why Icahn left his WH position to avoid conflict of interest.
Yes, Icahn hates Ackman but Icahn loves making higher multiple and one can make higher multiple in common NOT in preferred.
Same is true for all retiring politicians who are saying that politicians will wipe out common and preferred will make whole. So that politicians can buy common on lower pps. Do you think politicians will tell you truth? Yes, they will introduce bill but that will never see light on the senate floor. Since they are retiring no need to report their portfolio to ethics committee. Just read what ardent enemy of GSE -Hensarling said lately about GSE.
At last, Mnuchin and Watt will do 3R with help of Icahn, Paulson, Blackstone and others.
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