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Carl Icahn bet on the “Big Short 2.0”. Now he says the game was rigged.

Carl Icahn bet on the “Big Short 2.0”. Now he says the game was rigged.


The teenagers and old people strolling through Crossgates Mall may not realize it, but they are on a Wall Street battlefield with potentially hundreds of millions of dollars at stake.

Four years ago, legendary Wall Street investor Carl Icahn made a huge bet against the future of America’s mall in what was called the Big Short 2.0. His bet pitted him against huge asset managers and hedge funds that regularly trade in a notoriously complex and controversial market.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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