US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral. Icahn Enterprises and Icahn have agreed to pay $1.5 million and $500,000 in...

US settles with billionaire Carl Icahn for using Icahn Enterprises securities to secure personal loans worth billions

NEW YORK (AP) — US settles with billionaire Carl Icahn for using Icahn Enterprises securities to secure personal loans worth billions.