Tuesday, 3 January 2017

Donald Trump and 'Herbalife (HLF)' champion, Carl Icahn, love Indonesia.

Carl Icahn is one of the people who bank-rolled Donald Trump when he was facing bankruptcy in Atlantic City way back in the early 1990s. However, the story of Trump and Icahn's on/off relationship is long and twisted, as well as being far from over.

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Blog readers will no doubt remember how Mr. Icahn (the largest owner of effectively-valueless 'Herbalife' shares) has recently been appointed to the unofficial (new) post of President-Elect Trump's special adviser on regulatory reform. This would seem to be the equivalent of appointing a notorious pyromaniac to be a special adviser on fire prevention and on the choice of who should be Fire Chief.

It takes quite a lot to shock me these days, but the above video (which begins to detail Messrs. Icahn and Trump's Indonesian connections) made my jaw drop.

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Donald Trump began to flaunt his Indonesian connections during his Presidential campaign.



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Carl Icahn is the largest share-holder of Freeport McMoRan Inc. - a company which owns around 90% of the truly-staggering Grasberg Mine in Indonesia and which is Indonesia's largest corporate tax-payer.



David Brear (coptright 2017)

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