Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

When the Wolves Bite with Scott Wapner

When the Wolves Bite with Scott Wapner

FromJill on Money with Jill Schlesinger


When the Wolves Bite with Scott Wapner

FromJill on Money with Jill Schlesinger

ratings:
Length:
41 minutes
Released:
May 17, 2018
Format:
Podcast episode

Description

It’s hard to imagine how an argument between a couple of billionaires could make for a compelling story. But when it happens on live television, and it involves two major Wall Street heavyweights, it’s like watching a trainwreck that you just can’t pull yourself away from.

And that’s exactly what happened in 2013, when Wall Street titans Carl Icahn and Bill Ackman got into a legendary verbal battle on CNBC that centered around Herbalife, the company caught in the middle.  

The host that day was Scott Wapner who unexpectedly found himself refereeing this 30 minute segment that became known as “The Brawl.”

It left such a mark on Wapner that he felt compelled to explore the roots of the battle by writing When the Wolves Bite: Two Billionaires, One Company, and an Epic Wall Street Battle.

This recently released compelling read recounts 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.

In researching the book, Wapner gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take.

It’s a classic Wall Street tale of money, power, pride and greed.

“Better Off” is sponsored by Betterment.

We love feedback so please leave us a rating or review in Apple Podcasts.

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

Connect with me at these places for all my content:

http://www.jillonmoney.com/ 

https://twitter.com/jillonmoney 

https://www.facebook.com/JillonMoney 

https://www.instagram.com/jillonmoney/ 

https://www.youtube.com/c/JillSchlesinger 

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-on-money 

https://apple.co/2pmVi50
Released:
May 17, 2018
Format:
Podcast episode

Titles in the series (100)

Host Jill Schlesinger, CFP®, tackles sometimes uncomfortable and even controversial money and investing issues, without the financial jargon, to get to the heart of what’s important for anyone to know. Jill takes listener phone calls and interviews informative and entertaining guests each week to uncover surprising insights and provide actionable information so you can make the most of your money. Have a question? Email us at askjill at jillonmoney dot com.