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Ackman Defends JC Penney Decisions on Charlie Rose

August 14, 2013 | About:

Ackman defends his decisions with J.C. Penney (NYSE:JCP) on a Charlie Rose interview after resigning from the company's board this week (clips from Bloomberg):

Rating: 3.3/5 (7 votes)


Vgm - 2 years ago
In interviews over the past few days, Howard Schultz of Starbucks stated that Ackman was "a destroyer of companies"; had acted in a "despicable" manner at JCP; and had "violated his fiduciary responsibility" by leaking the letter which was addressed to the board. Said he has never seen anything like it.

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