Hedge Funds

For sale: Icahn's $37.5m yacht

by

One might assume the financial crisis is behind Carl Icahn's decision to sell his 177-foot yacht for $37.5 million. Not so. A Fort Lauderdale, Fla., broker, handling the sale of the yacht "Starfire," says the hedge fund owner wants to upgrade to something in the 250-foot range, according to the New York Post.