Bill Ackman on CNBC â€“ Getting JC Penney Back on Track, Discussing CP Rail

Jan 25, 2012

- Learned from watching Lampert at Sears that he does not want to run a retailer

- CP Rail is the worst performing railroad over the past 10 years

- Other railroads have doubled and tripled, CP is flat

- Believe that the company needs a change in culture

- Railroad needs to be run by a General, not a marketer

- Hunter Harrison changed to culture at CN Rail, he can do it at CP Rail

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