Carl Icahn is moving from Manhattan to Florida.

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Old 09-13-2019, 10:19 AM
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Default Carl Icahn is moving from Manhattan to Florida.

He is giving anyone working for him 50K to relocate or he will give them a severance fee.

I find him to be an interesting man. Here are some of his quotes;

You learn in this business: It you want a friend, get a dog.
Don't go in and tell somebody else how to run their business.
I enjoy the hunt much more than the 'good life' after the victory.
My wife watches me like a hawk.
Anyone that makes me a quarter of a billion dollars, I like.
When you have no one to answer to, vendetta as investment strategy is as legitimate as anything.
In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time.
I'm a cynic about corporate democracy and boards.
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Old 09-13-2019, 03:42 PM
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I doubt the employees of many of the companies he raided and stripped of their assets and pensions would agree he was an interesting man. Probably have some different descriptive terms.
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Old 09-13-2019, 03:59 PM
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Yes, that he did. Same as Frank Lorenzo.
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Old 09-13-2019, 04:12 PM
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He is 82, probably looking at his estate tax issues as well as income tax and other costs.
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Old 09-13-2019, 04:13 PM
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I would be interested in how much NY loses in taxes?
I lived in a different state but the majority of high paid individuals in the Company I worked for moved to a no income tax state when they approached retirement age.
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Old 09-13-2019, 05:32 PM
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Quote:
Originally Posted by eweissenbach View Post
I doubt the employees of many of the companies he raided and stripped of their assets and pensions would agree he was an interesting man. Probably have some different descriptive terms.
He broke the law? I will have to look it up. This is the first I had heard of him.

Here is what Wikipedia had to say. Apparently he is a "corporate raider" but that is something I know nothing about.


Carl Icahn - Wikipedia
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Last edited by graciegirl; 09-13-2019 at 05:40 PM.
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Old 09-13-2019, 06:02 PM
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I doubt the employees of many of the companies he raided and stripped of their assets and pensions would agree he was an interesting man. Probably have some different descriptive terms.
YEP...nailed it!
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Old 09-13-2019, 06:06 PM
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I never heard of him.......I wonder if he's heard of me?
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Old 09-13-2019, 08:08 PM
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Originally Posted by BobnBev View Post
I never heard of him.......I wonder if he's heard of me?
You are lucky you never heard of him. Probably means he never raided a company you were a part of.
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Old 09-13-2019, 09:07 PM
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From Manhattan to Miami. Not exactly a Green Acres move but still a culture shock. Hopefully they will still make NYC dollars.

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Old 09-13-2019, 09:27 PM
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He's not alone. According to this article, 63,772 moved to FL from NY last year, with 452,580 people leaving the state in total.

New York vs. Florida: Tax differences between the two states | Fox Business
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Old 09-14-2019, 11:02 AM
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Many of the companies he bought and reorganized would not be in business today without his intervention. They were probably bloated with management, stale, money losing operations, and loaded with inefficiencies. Is it better to cut off an arm and the body live or just let the whole body die? It is business folks, not a social gathering.
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Old 09-14-2019, 11:20 AM
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carl icahn's house in miami - Bing
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Old 09-14-2019, 12:52 PM
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Originally Posted by Mleeja View Post
Many of the companies he bought and reorganized would not be in business today without his intervention. They were probably bloated with management, stale, money losing operations, and loaded with inefficiencies. Is it better to cut off an arm and the body live or just let the whole body die? It is business folks, not a social gathering.
That's what he would like you to believe. Robin Hood
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Old 09-14-2019, 02:57 PM
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Quote:
Originally Posted by graciegirl View Post
Our Landscapers Sister In Laws Hairdressers Housekeeper said he was moving into the Historical Section of The Villages.

As long as its not near us we would be thrilled. Everyone has an opinion? Yeah? He is not such a Nice Person. It was and is fashionable to be a killer in business Yeah? Live By The Sword..... He's a Low Life!
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