FILE - Financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York, March 16, 2010. using securities of Icahn Enterprises as collateral.
The agency said that from at least Dec. 31, 2018 to the present, Icahn pledged approximately 51% to 82% of Icahn Enterprises’ outstanding securities as collateral to secure personal loans with a number of lenders. Icahn Enterprises and Icahn, without admitting or denying the findings, have agreed to cease and desist from future violations and to pay the civil penalties.As much as 10 inches of rain floods parts of Connecticut. At least 1 person is dead
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