Carl Icahn netted $1.3 billion from betting against brick-and-mortar shopping malls with an instrument that gained fame in the 2008 crisis

Carl Icahn netted $1.3 billion from betting against brick-and-mortar shopping malls with an instrument that gained fame in the 2008 crisis

Business Insider

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· Billionaire investor Carl Icahn made $1.3 billion from his bet against shopping malls in the first half of the year. 
· A filing said the bet was a result of "positive performance of their short exposure to commercial mortgage-backed securities through credit default swap contracts of $1.3 billion."
· The famed investor...

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