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Bill Ackman's Full Interview with Charlie Rose
Posted by: Canadian Value (IP Logged)
Date: August 15, 2013 09:42AM

On the hot seat with investments gone bad in Herbalife (HLF) and J.C. Penney (JCP), hedge fund manager Bill Ackman is interviewed by Charlie Rose:




Guru Discussed: Bill Ackman: Current Portfolio, Stock Picks
Stocks Discussed: HLF, JCP,
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Re Bill Ackman s Full Interview with Charlie Rose
Posted by: vgm (IP Logged)
Date: August 16, 2013 03:56AM

In the interests if completeness, we should be aware of the comments by Starbucks' Howard Schultz on Ackman and his behavior:

"In an interview with The Huffington Post on Friday, Schultz said Ackman's purposeful leak of the letter to the press violated his fiduciary responsibility as a board member."What I observed happen yesterday, in my 20-plus years as a CEO, I have never seen or witnessed before," said Schultz. "I think it's despicable." "

"Bill Ackman was the primary architect and engineer of recruiting Ron Johnson and co-authoring the strategy that ruined the lives of so many employees," said Schultz, who noted that he has never met Ackman personally and is not a J.C. Penney shareholder."

"According to Schultz, no one asked him to speak out about what's happening at J.C. Penney, but felt like he should say something because it's a "tragic example of irresponsibility" on Ackman's part."

[www.huffingtonpost.com]



Guru Discussed: Bill Ackman: Current Portfolio, Stock Picks
Stocks Discussed: HLF, JCP,
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Re Bill Ackman s Full Interview with Charlie Rose
Posted by: vgm (IP Logged)
Date: August 22, 2013 02:16AM

Ackman acknowledges retail "blunders" in Letter to clients:

[uk.finance.yahoo.com]



Guru Discussed: Bill Ackman: Current Portfolio, Stock Picks
Stocks Discussed: HLF, JCP,
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