Entries tagged "Pershing Square Capital Management"
Pershing Square Capital's founder says any regulatory reform that doesn't include a change in the way that the rating agencies do business would be worthless.
'Tis 13F filing season, and first up are Bill Ackman's Pershing Square Capital Management LP and David Einhorn's Greenlight Capital Inc.
Activist investor William Ackman seems to have been somewhat bullet-proof in 2008 -- except when it came to his investments in discount retailer Target.
To put things in a simple and topical political context, would John McCain eagerly dole out political advice to Barack Obama or vice versa on how to win the presidential race? Of course not. So, why is Bill Ackman of Pershing Square Capital Management LP trying to play hero and devise what he believes is a rescue plan for his short-selling targets Fannie Mae and Freddie Mac, as he stands to gain from their demise? ...
William Ackman of Pershing Square Capital Management was on CNBC's "Squawk Box" Tuesday morning to discuss his fix for Fannie Mae and Freddie Mac. He said both are "far from well capitalized." Ackman has spoken with Treasury and Federal Reserve officials about his plan, which would basically wash out equity holders and help the institutions raise about $86 billion in capital. ...
