When the Wolves Bite with Scott Wapner
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 17 May 2018
⏱️ 41 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
It’s hard to imagine how an argument between a couple of billionaires could make for a compelling story. But when it happens on live television, and it involves two major Wall Street heavyweights, it’s like watching a trainwreck that you just can’t pull yourself away from. And that’s exactly what happened in 2013, when Wall Street titans Carl Icahn and Bill Ackman got into a legendary verbal battle on CNBC that centered around Herbalife, the company caught in the middle.  The host that day was Scott Wapner who unexpectedly found himself refereeing this 30 minute segment that became known as “The Brawl.” It left such a mark on Wapner that he felt compelled to explore the roots of the battle by writing When the Wolves Bite: Two Billionaires, One Company, and an Epic Wall Street Battle. This recently released compelling read recounts the story of the clash of these two titans over Herbalife, a nutritional supplement company whose business model Ackman questioned. Icahn decided to vouch for them, and the dispute became a years-long feud, complete with secret backroom deals, public accusations, billions of dollars in stock trades, and one dramatic insult war on live television. In researching the book, Wapner gained unprecedented access to all the players and unravels this remarkable war of egos, showing the extreme measures the participants were willing to take. It’s a classic Wall Street tale of money, power, pride and greed. “Better Off” is sponsored by Betterment. We love feedback so please leave us a rating or review in Apple Podcasts. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. Connect with me at these places for all my content: http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hi, it's Jill Schlesinger, host of the Better Off Podcast. Today on the show, we've got |
| 0:07.6 | C NBC's Scott Wopner, author of the recently released When the Wolves Bight. |
| 0:13.4 | These guys are insulting each other on live television with the |
| 0:16.9 | traders on the floor of the New York Stock Exchange, |
| 0:19.7 | owing and eyeing and you know I'm just trying to hold the whole thing together and it was this incredible |
| 0:26.3 | moment that sort of just unfolded on live TV. |
| 0:30.3 | Welcome to the Better Off Podcast. We're sponsored by Betterment, the largest online financial advisor. |
| 0:37.0 | Today we have a great guest. His name is Scott Wopner. You may know him as the host of |
| 0:42.3 | CNBC's The Half Time Report. |
| 0:45.0 | Also, I know him because I knew that he presided over |
| 0:49.3 | this crazy live television interview between two huge iconic investors. |
| 0:57.0 | Carl ICON and Bill Ackman who were fighting over this company called Erbal Life. and Scott Wopner was the guy that was presiding |
| 1:07.1 | over this interview when it just went nuts and both sides went crazy and we're going to have a link to the actual |
| 1:13.8 | interview that probably spurred Scott to write this book. It's a really |
| 1:19.8 | interesting account of how activist investors Carl ICON and Bill Ackman fought over |
| 1:26.8 | this company but also had this old grudge and so it's very compelling and of course it is never just about money but money has a |
| 1:37.0 | lot to do with it. So stay tuned you're in for a real treat it's Scott |
| 1:40.9 | Wopner, author of |
| 1:42.8 | when the wolves bite two billionaires, one company, |
| 1:46.6 | and an epic Wall Street battle. |
| 1:50.0 | You are listening to Better Off |
| 1:51.9 | with Jill Schlesinger. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

