Surrender

Icahn Dumps $600 Million In Herbalife Back To The Company, Will Surrender 5 Board Seats

About 8¬†years after Carl Icahn famously entered the Herbalife fray, spurring a short squeeze that helped decimate Bill Ackman’s now-infamous $1 billion short against the company, Icahn appears to be making his exit. Icahn reportedly will be selling $600 million worth of his stake back to Herbalife and, as a result, will be relinquishing his…

The Pope’s New Encyclical: A Surrender?

Authored by Lawrence Franklin via The Gatestone Institute, The Pope’s Encyclical “Fratelli Tutti” (“Brothers All”) sadly seems more a massive and unwieldy political document than a religious guide to the Catholic faithful. The encyclical’s intended audience appears to be secular world rather than people of faith. The 43,000-word tome contains almost no discussion of Catholic…