Subscribe to RSSCarl Icahn
Watch breaking news videos and read news updates about Carl Icahn on FOXBusiness.com.
LATEST VIDEOS
David Moore, Steven Siegel and Stew Leonard discuss their act in the NY Comedy Festival.
Taxpayers May Lose $2.3B in CIT Bankruptcy
11/02/2009|FOX Business
FBN's Liz MacDonald on CIT Group filing for bankruptcy protection.
Billionaire investor Carl Icahn on why the bondholders will take control of the small-business lender.
Icahn: Lower Taxes to Stimulate Business
10/27/2009|Cavuto
Billionaire investor Carl Icahn on the impact of higher taxes on the American economy.
Signs of Life in Credit Markets
10/19/2009|Web Exclusive
We detail the positive news that is finally breathing life back into credit markets.
CIT Proposes Plan to Cut $6B in Debt
10/19/2009|FOX Business
FBN's Sandra Smith on CIT's plan with bondholders to prevent bankruptcy.
Should the Government Set Pay Parameters?
08/04/2009|Money for Breakfast
Adams Capital Management General Partner Bill Frezza, Rep. John Campbell, (R-CA), Overstock.com Chairman and CEO Patrick Byrne on whether the government should set rules on pay for public companies.
Pickens: $75 Oil by End of Year
05/13/2009|Bulls and Bears
Oil-and-energy tycoon T. Boone Pickens with his views on the future of energy.
LATEST STORIES
FOXBusiness.com's Week in Review: Oct. 26-30, 2009
| FOXBusiness| Markets
… Average $2.70 a gallon Tuesday Billionaire activist investor Carl Icahn urged CIT Group (CIT) bondholders to reject the struggling ..... Health-Care Plan Friday CIT said it will accept help from Carl Icahn . The lender will take a $1 billion line of credit from Icahn …
Story|10/30/2009
| FOXBusiness| Markets
… for bankruptcy as soon as Sunday night or early Monday. The 100-year-old lender said it reached a tentative deal with Carl Icahn that could end a recent battle over its restructuring plan. A CIT bankruptcy would be one of the largest in U.S. history …
Story|10/30/2009
Carl Icahn To Vote For CIT's Reorganization Plan
| MarketWatch Pulse| Markets
… Sue Chang MarketWatch Pulse SAN FRANCISCO -- High-profile investor Carl Icahn said Friday that he will be voting in favor of CIT Group's pre-packaged reorganization effort following revisions in the proposed …
Story|10/30/2009
CIT Gets $1 Bln Line Of Credit From Icahn
| MarketWatch Pulse| Markets
… MarketWatch Pulse SAN FRANCISCO -- CIT Group said Friday that it got a new $1 billion line of credit from activist investor Carl Icahn . Shares of the troubled lender were halted after falling 13% to 83 cents in afternoon trading. The new credit line can …
Story|10/30/2009
Icahn Throws CIT $1B Line of Credit
| FOXBusiness| Markets
… Dunstan Prial FOXBusiness Troubled lender CIT Group (CIT) said Friday it will accept help from billionaire investor Carl Icahn in the form of a $1 billion line of credit. Icahn had been an outspoken critic of CIT Group’s efforts to restructure …
Story|10/30/2009
CIT Seen Filing for Bankruptcy in Coming Days
Reuters| Markets
… approval from investors holding two-thirds of the company's debt, and half of the number of investors. Activist investor Carl Icahn is encouraging individual investors to vote against CIT's prepackaged bankruptcy plan. The company hopes its plan will …
Story|10/30/2009
CIT Receives $4.5 Billion In Additional Funding
| MarketWatch Pulse| Markets
… billion credit facility. The bank holding company said the $4.5 billion portion of the facility matures in January 2012. Carl Icahn , a major bondholder, had recently offered CIT necessary financing to keep the company running but CIT said the offer had …
Story|10/28/2009
| FOXBusiness| Markets
… the company on Wednesday. In expanding its existing credit facility, CIT shunned a loan offer from billionaire investor Carl Icahn , saying Icahn had not shown he could sufficiently fund the offered credit. CIT is a leading lender to small businesses and …
Story|10/28/2009
Carl Icahn Entices Small Bondholders to Reject CIT Plan
Reuters| Markets
… Reuters NEW YORK--Billionaire investor Carl Icahn said on Tuesday he will offer to smaller holders of CIT Group's (CIT) debt short-term protection against the value of the …
Story|10/27/2009
Icahn Makes Tender Offer To Small CIT Noteholders
| MarketWatch Pulse| Markets
… John Spence MarketWatch Pulse BOSTON -- Billionaire investor Carl Icahn in a statement Tuesday morning said he is giving downside protection to smaller CIT Group Inc. noteholders, in the form of a …
Story|10/27/2009
