Icahn Speaks Out on Meeting With Apple's Tim Cook

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

Oct. 1 (Bloomberg) –- Bloomberg’s Trish Regan reports on Icahn Enterprises’ Carl Icahn’s meeting with Apple CEO Tim Cook. She speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)

Twitter.

What did he say?

We talked about the meeting he had with him cope.

They met at his apartment.

I have got a quote for you.

Tim cook is "a very cordial guy." we think it is a no-brainer to do a 100 $50 buyback.

Apple is in a position to borrow money at next to nothing.

Why not do it?

Day every two meet again and continue -- they agreed to meet again and continue the discussion.

Tim's apartment or carl's apartment?

Carl's apartment.

That is not how steve jobs rolled.

You do not want to be on carl's bad side.

It will create noise you do not need.

Just ask michael dell.

You look -- carl worked, they had a harmonious relationship.

Read hastings, another ceo, netflix.

Maybe tim cook wants to take a book -- a page out of their book.

I said what did he say?

He said i cannot buy votes out of -- all of that.

We agreed to keep talking.

So many leaders are so angry with washington.

What does carl have to say?

He is concerned.

He said it is the first time he is 100% hedged in my portfolio.

"i am very concerned about the dysfunction.

I always hedge, this is the first time i am 100% hedged.

It is bad for washington and it is bad for the country.

I am concerned about the economy and the stock market.

" he said that this is not good.

The market may be up, but if washington cannot figure this out and we are defaulting on our debt, that is not good news.

He mentioned he will be unveiling a new website for shareholder activism.

People can get together and discuss investment ideas.

His hope is that able help congregate all these people together where they can go on and -- discussed how bad boards are.

Carl icahn is going deep on tech.

He called out blackberry.

He said that the board of blackberry has been a disaster.

He called them out for the sums of money they have been paying ceo's. thank you for breaking that.

I know you will cover a lot more of carl icahn at 3:00 p.m. on

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change