About the book
On January 25, 2013, activist investors Carl Icahn and Bill Ackman spent 27 minutes trading accusations and insults on live television, on a CNBC show hosted by Scott Wapner. The quarrel was over Herbalife, a maker of nutritional supplements: Ackman doubted its business model and Icahn backed it, and each held an opposing financial bet. Wapner traces how the clash grew into a feud lasting years, with shifting allegiances, lawsuits, secret deals, public accusations and billions of dollars in stock trades. Wapner had access to every player. Beyond the war of egos, he presents the saga as a cautionary tale about how much power, a decade after the financial crisis, still rests with a very few people.
Marc Andreessen described it as a Wall Street-style fight pitting Carl Icahn against Bill Ackman over Herbalife, an unlikely target, and joked that readers should sip an Herbal Aloe Shake along the way.
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Marc Andreessen (Co-Founder/Andreessen Horowitz)
Wall Street"-esque battle between Bill Ackman and Carl Icahn over unlikely target Herbalife. Sip a delicious Herbal Aloe Shake while reading.
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