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Bill Ackman's Full Interview with Charlie Rose

August 15, 2013 | About:
Canadian Value

Canadian Value

105 followers
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
http://valueinvestorcanada.blogspot.com/

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Comments

vgm
Vgm - 11 months 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."

http://www.huffingtonpost.com/2013/08/09/howard-schultz-bill-ackman_n_3733591.html

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