Exclusive: Inside edge – Trump advisor Icahn’s big bet against biofuels credits

Apr 12, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Billionaire investor Carl Icahn’s oil refining company, CVR Energy, made a massive bet in 2016 that prices for U.S. government biofuels credits would fall – just before Icahn started advising President Donald Trump on regulations driving that market.