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Bill Ackman's Full Interview with Charlie Rose

August 15, 2013 | About:
Canadian Value

Canadian Value

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:

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Canadian Value

Rating: 4.0/5 (8 votes)


Vgm - 1 year ago
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."


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