When the wolves bite: two billionaires, one company, and an epic Wall Street battle

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Average Rating
Publisher:
PublicAffairs,
Pub. Date:
2018.
Edition:
First edition.
Language:
English
Description
The inside story of the clash of two of Wall Street's biggest, richest, toughest, most aggressive players--Carl Icahn and Bill Ackman--and Herbalife, the company caught in the middle With their billions of dollars and their business savvy, activist investors Carl Icahn and Bill Ackman have the ability to move markets with the flick of a wrist. But what happens when they run into the one thing in business they can't control: each other? This fast-paced book tells the story of the clash of these two titans over Herbalife, a nutritional supplement company whose business model Ackman questioned. Icahn decided to vouch for them, and the dispute became a years-long feud, complete with secret backroom deals, public accusations, billions of dollars in stock trades, and one dramatic insult war on live television. Wapner, who hosted that memorable TV show, has gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take. When the Wolves Bite is both a rollicking, entertaining read--a great business story of money and power and pride.
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ISBN:
9781610398275
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Grouping Information

Grouped Work ID 567f4d7f-9075-ed7a-4d54-114d2393f7a4
Full title when the wolves bite two billionaires one company and an epic wall street battle
Author wapner scott
Grouping Category book
Last Update 2018-05-21 04:36:37AM
Last Indexed 2018-05-23 04:41:30AM

Solr Details

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author Wapner, Scott,
author_display Wapner, Scott
available_at_aacpl Crofton Library, Linthicum Library, Odenton Library
collection_aacpl ADULT
detailed_location_aacpl Crofton Library - Nonfiction, Glen Burnie Library - Nonfiction, Linthicum Library - Nonfiction, Odenton Library - Nonfiction
display_description "The inside story of the clash of two of Wall Street's biggest, richest, toughest, most aggressive players--Carl Icahn and Bill Ackman--and the little company caught in the middle. With their unprecedented amounts of capital and their savvy understanding of business, activist investors Carl Icahn and Bill Ackman have the ability to move markets and change the fortunes of investors, workers, and even large companies with the flick of a wrist. But what happens when they run into the one thing in business they can't control: each other? On January 25, 2013, Scott Wapner, the host of CNBC's The Halftime Report, found out firsthand. Ackman and Icahn engaged in an uninterrupted, twenty-seven-minute televised war of accusations and insults over a company called Herbalife, on which they had opposing views--and opposing financial bets. The story quickly went viral and was called "the best business television ever" by Jim Cramer. It was far from the beginning, and even farther from the end. Their feud became a years-long saga, complete with shifting allegiances, lawsuits, and financial roller coaster rides. For this book, Wapner has gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take. The result is both a rollicking business story and a cautionary tale about the power that, ten years after the financial crisis, still lives in the hands of a precious few"-- "With their unprecedented amounts of capital and their savvy understanding of business, activist investors Carl Icahn and Bill Ackman have the ability to move markets and change the fortunes of investors, workers, and even large companies with the flick of a wrist. But what happens when they run into the one thing in business they can't control: each other? On January 25, 2013, Scott Wapner, the host of CNBC's The Halftime Report, found out firsthand. Ackman and Icahn engaged in an uninterrupted, twenty-seven-minute televised war of accusations and insults over a company called Herbalife, on which they had opposing views--and opposing financial bets. The story quickly went viral and was called "the best business television ever" by Jim Cramer. It was far from the beginning, and even farther from the end. Their feud became a years-long saga, complete with shifting allegiances, lawsuits, and financial roller coaster rides. For this book, Wapner has gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take. The result is both a rollicking business story and a cautionary tale about the power that, ten years after the financial crisis, still lives in the hands of a precious few"--
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primary_isbn 9781610398275
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subject_facet Corporations -- Investor relations -- United States, Finance -- United States, Investment analysis -- United States
title_display When the wolves bite : two billionaires, one company, and an epic Wall Street battle
title_full When the wolves bite : two billionaires, one company, and an epic Wall Street battle / Scott Wapner
title_short When the wolves bite :
title_sub two billionaires, one company, and an epic Wall Street battle
topic_facet Corporations, Finance, Investment analysis, Investor relations