Back in July, we passed along a rumor that a certain "iconic" investor had aggressively entered the "Big Short 2" trade, which emerged in early 2017 and consisted of shorting America's malls by going long default risk via CMBX, or otherwise shorting the CMBS. That investor, we can now reveal thanks to confirmation by the WSJ, was none other than billionaire Carl Icahn, who this summer became the most recent - and most prominent - member of the "Big Short 2" trade. There is just one problem: like most others who bet against the mall sector in the past two years, Icahn has suffered tens if not hundreds of millions in ... (full story)