Carl Icahn needs no Fannie Mae help from the White House since he and Harold Hamm of Continental Resources apparently buttonholed Trump to intercede in the Saudi/Russia oil/nat gas impasse. Which he did. For Icahn who owns $1.6B in Cheniere/LNG stock (over 23 M shares), the impact was worth gazzillions more than getting some "Godfather favor" on Fannie Mae stock (which I believe he sold, anyway). My largest core holding happens to be Cheniere and I actually used to moderate that board here on i-hub, so I am on familiar ground with this.
True. But he is considered a savvy investor. If most people on this board can see the value in these corporations, why shouldn't he? If I remember correctly, his price at the time of his published investment was around $4 a share.
As some detractors keep repeating, we don't know if he still holds any shares, but we also don't know how much more he has accumulated. Given his investment history, I am inclined to believe he has been accumulating.
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