“BlackRock is an extremely dangerous company,” said Icahn when he went toe to toe with BlackRock’s Laurence Fink at CNBC’s Delivering Alpha conference in New York. Mr Ichan spoke of his growing fears about a bubble in high-yield bonds and what he called dangers of exchange-traded funds run by firms like BlackRock. “Mr. Icahn is concerned because ETFs now own so many assets and Wall Street firms are retreating from trading, which he says raises questions about who will buy if investors sell ETFs during the next market downturn.” Icahn also directed some of bubble blame at the Fed and called for US rates to rise, he fears that a belated rise will cause yields to climb aggressively as nervous investors head for the exists. (VIEW LINK)