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And that was weird. nobody had ever really shorted those things before in the market. nobody had ever made a big multimillion dollar bet that the price of the credits was going drop. but karl icon did. why did he do that? well, turns out that karl icahn was going to be named donald trump's special adviser on regulatory reform. and after he got that adviser gig, he set about advising the president to do things that would drop the price of those credits. so then he could collect on that otherwise mysterious a typical bet that he made that those credit would get cheaper. it sounds complicated if ...

Icon started betting as a refinery owner himself, he started betting that the price of those credits was going to drop. and that was weird. nobody had ever really shorted those things before in the market. nobody had ever made a big multimill dollar bet that the price of the credits was going drop. but karl icon did. why did he do that? well, turns out that karl icahn was going to be named donald trump's special adviser on regulatory reform. and after he got that adviser gig, he set about advising the president to do things that would drop the price of those credits. so then he could collect o...