Off-Topic: Carl Icahn's Obama Prophecy...

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	Name:	GoneFishin -
	Subject:	Carl Icahn's Obama Prophecy...
	Date:	8/1/2009 12:38:39 PM

Nothing Icahn said was a revelation. Rather, the same thing every Republican was saying about Obama prior to the election. Now, to say Obama is a bad president is still subjective. Some say yes and some say no. However, his statement that we will have inflation with high interest rates has not occurred.

What has occurred is that Icahn has lost over a billion with his investments in Yahoo and Ford. Now the second largest bank in Texas where he is an investor is on the verge of failure.

July 24 (Bloomberg) -- Guaranty Financial Group Inc., the Texas bank spun off in 2007 by a forest products company, may become the biggest lender to collapse this year, wiping out investments by billionaire Carl Icahn’s funds and Omni Hotels owner Robert Rowlin.

Icahn said he had taken a 9.8 percent stake in January 2008, when the stock was above $12, and called the shares undervalued. The shares now trade for 15 cents.

Other messages in this thread:

View Entire Thread

Carl Icahn's Obama Prophecy... - rude evin - 8/1/2009 11:54:01 AM

Carl Icahn's Obama Prophecy... - GoneFishin - 8/1/2009 12:38:39 PM

Carl Icahn's Obama Prophecy... - water_watcher - 8/1/2009 12:46:34 PM

Carl Icahn's Obama Prophecy... - MrHodja - 8/1/2009 12:59:04 PM

Carl Icahn's Obama Prophecy... - rude evin - 8/1/2009 12:53:42 PM

Carl Icahn's Obama Prophecy... - Talullahhound - 8/1/2009 3:16:11 PM

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