Thursday, August 15, 2013
Bill Ackman on Charlie Rose
Bill Ackman of Pershing Square Capital Management was recently on Charlie Rose to discuss J.C. Penney (JCP), Herbalife (HLF), etc. In the interview Charlie spends a lot of time discussing the situation at J.C. Penney with Bill understanding the whole Ron Johnson saga, the recent letter to the board, and his final move to step down from the board. Overall its an interesting interview and ads more color to an already interesting situation. Then they go on to discuss the drama around Herbalife (both between Bill Ackman and the company as well as between Bill and other hedge funds managers like Carl Icahn and Dan Loeb). Nothing earth shattering but overall pretty interesting. Enjoy.