We believe that over the last few years Doug Lawler and his team have done an admirable job, especially in light of the circumstances. We reduced our position to recognize a capital loss for tax planning purposes.
Statement regarding Chesapeake
While I absolutely never spoke to New Jersey Governor Chris Christie on the subject of Senate President Stephen M. Sweeney’s legislation concerning the Taj Mahal,
Icahn Enterprises L.P. (NASDAQ: IEP) today announced entrance into a definitive agreement to sell its indirectly wholly-owned subsidiary American Railcar Leasing LLC (“ARL”) to SMBC Rail Services LLC (“SMBC Rail”),