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Bill Ackman Is Bullish On America And Citigroup (C)
Friday, May 28, 2010 - 12:47pm | 289Noted activist investor Bill Ackman, who runs hedge fund Pershing Square Capital Management, believes that America has healed. According to a Yahoo Finance article, Ackman had compared 2008's financial crisis to "the equivalent of a heart attack" in April 2009. He said "it takes time to heal."...
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Bill Ackman Has Built A Large Citigroup Stake (C)
Thursday, May 27, 2010 - 1:15pm | 332Noted activist investor and hedge fund manager Bill Ackman presented at the Ira Sohn Conference last night. Ackman runs Pershing Square Capital Management, and has made numerous prescient calls over the last couple of years. For example, last year at the same conference, Ackman said that he was...
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Bill Ackman Talks About Outlook For Credit Rating Agencies On Bloomberg TV
Friday, May 14, 2010 - 11:07am | 240Bill Ackman of Pershing Square Capital Management LP, spoke to Bloomberg Television's Deirdre Bolton yesterday morning about the outlook for financial regulatory overhaul and credit-rating companies. On rating agencies: “What is happening with the ratings agencies now will make them better - all...
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Borders (BGP) Gets Credit Extension & New $90M Loan
Wednesday, March 31, 2010 - 3:42pm | 87Borders (NYSE: BGP) gets credit extension and a new $90 million loan, according to Reuters. Reports indicated earlier this week that Borders Group was close to arranging financing that will allow the company to repay a loan which is due tomorrow. Borders (BGP) had borrowed $42.5 million from its...