Please see the erratum and corrected Bits & Pieces entry on Icahn Enterprises, which was originally published on May 17, 2013. We regret any inconvenience or confusion this may have caused.

It has come to our attention that the Icahn Enterprises (NASDAQ: IEP) entry in the May 2013 Bits & Pieces publication incorrectly attributed some assets to IEP. Instead those assets are held by Icahn Capital, a hedge fund managed by Carl Icahn, of which IEP only owns a portion. Attached is a corrected Icahn Enterprises entry in which only public investments directly held by IEP are included in the net asset value calculation.