Why is This Multibillionaire Betting on a Market Collapse?

by Michael Covel
Daily Reckoning

Carl Icahn is a modern day E.F. Hutton.

When he talks, people listen.

More important, when he invests, people follow.

That’s because the legendary activist investor has amassed a personal fortune north of $25 billion.

So why is his latest position making Wall Street banksters crap their pants?

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