Kaminsky: Icahn's HLF Trade All About Making Money

Friday, 15 Feb 2013 | 11:43 AM ET

CNBC's Gary Kaminsky talks about the Herbalife short squeeze by looking at "Hamburger Hamlet," an over-leveraged private-equity LBO, that went bankrupt. When you're on the wrong side of a short, he says, it doesn't matter what the fundamentals are. There's no way Icahn is doing this as a vendetta, adds Kaminsky. Making money is all that matters.