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Carl Icahn Guest Lecture At Yale University

I'll let Carl Icahn introduce himself (from his site "The Icahn Report"):

I was born in Brooklyn and grew up in Far Rockaway, Queens. My father was a frustrated opera singer and settled on being a cantor in Cedarhurst, Long Island. The fact that he was a dogmatic atheist did not exactly help him to get ahead in this profession and after a number of years he became a substitute teacher. My mother also worked as a schoolteacher. I attended the local public school, Far Rockaway High, later heading to Princeton University. My mother wanted me to be a doctor, so after earning an A.B. in Philosophy in 1957, I went to medical school. I quickly realized the medical field was not for me. After two years, I joined the army and soon after eagerly returned to New York to start a career on Wall Street.

My career began in 1961, as a Registered Representative with Dreyfus & Company. I learned options and convertible arbitrage and built up a large business. By 1968 I bought a seat on the New York Stock Exchange and started Icahn & Co. Inc., a brokerage firm.

In 1978, I began taking control positions in individual companies. Over the years, I have taken positions in various corporations including: RJR Nabisco, Texaco, Phillips Petroleum, Western Union, Gulf & Western, Viacom, American Can, USX, Marvel, ImClone, Federal-Mogul, Kerr-McGee, Medimmune, BEA Systems and Time Warner. I became Chairman of Bayswater Realty & Capital Corp. in 1979; and Chairman of ACF Industries, Inc. in 1984 among others.

Today, I am Chairman of Icahn Enterprises, a diversified holding company engaged in a variety of businesses, including investment management, metals, real estate, and consumer goods. I have been the Chairman of American Railcar Industries since 1994 and a Director of Blockbuster since May 2005. I became Chairman of ImClone Systems in 2006. In January 2008, I became the Chairman of Federal-Mogul.

My wife Gail and I serve on the boards of my foundations. They include Icahn Charitable Foundation, Foundation for a Greater Opportunity, and Children's Rescue Fund. Working with the Foundation for a Greater Opportunity, I founded three charter schools located in the South Bronx. The 2007 New York State English Language and Arts Exams show 80% of the kids at the Carl C. Icahn charter school passing the exam testing 36.7% higher than the neighborhood average and 97% passing the exam 37.5% higher in Math. In addition, we sponsor the Icahn Scholars Program at Choate Rosemary Hall. The Children's Rescue Fund started the Icahn House in The Bronx, a 65-unit complex for homeless families housing single pregnant women and single women with children, and operates Icahn House East, a homeless shelter located in New York City.

In the video below Icahn shares his time speaking with the kids at Yale University:

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    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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