Personal Finance Advice and Commentary

Friday, September 02, 2011 1:16 pm
By Judy Martel · Bankrate.com

Last month, New York billionaire Carl Icahn made $100 million on a $2-billion bet that the benchmark Standard & Poor’s 500 Index would decline. Nice work if you can get it. An article in Investment News said the 75-year-old investor turned bearish in mid-August as the European debt crisis loomed and the outlook for the