FOR MOST of his life Carl Icahn was vilified for his abrasive personality and his activism as an investor. His mother said he had the spirit of Genghis Khan. Oliver Stone based Gordon Gekko, a fictional predator-in-chief of the junk-bond boom, in part on Mr Icahn. Bill Ackman, no softie, called him a bully who is not used to someone standing up to him, when the two pugilistic financiers fought over Herbalife, a nutritional-supplements business. He is most chief executives’ worst nightmare.
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