By Tyler Durden – Re-Blogged From Zero Hedge
Billionaire investor Carl Icahn spoke to CNBC via telephone and had some very ominous warnings after what he has seen in the last few days.
Reflecting on the market’s moves recently, Icahn shocked the anchors by saying:
“This is something we’ve never seen before… I don’t remember ever seeing a market with this kind of volatility over two weeks.”
“The market has become a much more dangerous place [due to index funds and ETFs]… it’s like 2008 where everyone was buying mortgages and CDS.”