With A Historic -150% Net Short Position, Carl Icahn Is Betting On An Imminent Market Collapse

Tuesday, May 10, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/09/2016

When asked about this unprecedented bearish position, Icahn Enterprises CEO Keith Cozza said during the May 5 earnings call that “Carl has been very vocal in recent weeks in the media about his negative views.” He certainly has been, although many though he was merely exagerating. He was not.

“We’re much more concerned about the market going down 20% than we are it going up 20%. And so the significant weighting to the short side reflects that,” Cozza added.

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