Turkey bans six banks from betting against local stocks

Turkey has banned six international banks from betting against its stock market in the latest in a series of moves against foreign investors engaged in short selling. Borsa Istanbul said Barclays, Credit Suisse and Merrill Lynch (part of Bank of America) would be subject to a three-month ban on short sales of shares listed on […]

Carl Icahn lost $2 billion betting on Hertz

Icahn was the largest shareholder in Hertz, which filed for bankruptcy late Friday night. The activist investor took a stake in Hertz (HTZ) in 2014 and held it through early March of this year — even as the Covid-19 outbreak was starting to cut into travel....
Betting Business

Betting Business

Gretchen Carlson was born in 1966 and grew up in the suburbs of Minneapolis/St Paul, Minnesota. Her household has owned an automobile dealership for more than ninety years, making it one of many oldest on the planet. Minnesota Congresswoman Michele Bachmann was as...