Icahn warns that the financial markets are being supported by unsustainable earnings outlooks .. what’s coming next will be “very dangerous and could be disastrous” .. emphasizes the need for corporate tax reform in the U.S. .. For the financial markets & the economy, Icahn says the core problem is the Federal Reserve & its ultra-easy, zero-interest-rate policy .. he argues that it was the Federal Reserve that got us into the financial crisis to begin with .. low rates (financial repression) have led corporate managers to employ financial engineering & accounting shenanigans to boost earnings per share.
LINK HERE to the Article & Video



10/10/2015 - Carl Icahn: Financial Repression Of Interest Rates Have Led Corporate Managers To Employ Financial Engineering & Accounting to Boost Earnings Per Share


