Bill Ackman, founder and CEO, Pershing Square Capital Management, and now infamous and highly successful activist hedge fund manager of nearly $6-billion in assets, appeared on Charlie Rose, November 11, 2008.
In 2002, Ackman started a public campaign questioning America’s bond insurers, in particular MBIA. that work uncovered among other things the possibility of a looming systemic problem in the credit market. In September he wrote a letter to the Treasury Secretary Henry Paulson, suggesting ideas for reforming Fannie Mae and Freddie Mac.
Click the play button viewer to see the interview in its entirety:
This entry was posted
on Thursday, November 20th, 2008 at 12:02 am and is filed under Bonds, Credit Markets, Markets.
You can follow any responses to this entry through the RSS 2.0 feed.
You can skip to the end and leave a response. Pinging is currently not allowed.
Advertisement
Wise Words
Accept the things to which fate binds you, and love the people with whom fate brings you together, but do so with all your heart. — Marcus Aurelius
The Power Curve: Smart Investing Using Dividends, Options, and the Magic of C... by Scott G. Kyle Amazon Price: $16.47
Customer Review: Kyle's "The Power Curve" is the first book to truly delve into options, dividends and compounding while adding a touch of humor. Kyle clearly has the experience and knowlege to put forth such a fantastic book.
The Dick Davis Dividend: Straight Talk on Making Money from 40 Years on Wall ... by Dick Davis Amazon Price: $21.86
Customer Review: Davis is definitely the best stock operator I have even witnessed in operation. Dick Davis founded the "Dick Davis Digest" in 1982, one of the nation's largest investment newsletter. "The Dick Davis Dividend" has 26 favorable endorsements from emine...
All About DRIPs and DSPs by George Fisher Amazon Price: $18.00
Customer Review: This is a very good book about buying stocks directly from the company. In this market why pay broker fees. A bunch of drunken monkeys throwing darts at the Wall Street Journal can do just as well at picking good stock as a broker and there's no fees...
All About Dividend Investing by Don Schreiber, Gary E. Stroik Amazon Price: $9.99
Customer Review: Great reading for the average investor who directs his/her's own investments and wants a solid foundation about dividends and how they work for you over time.
The Dividend Growth Investment Strategy: How to Keep Your Retirement Income D... by Klugman Roxann Amazon Price: $16.46
Customer Review: I'd been looking forward to reading this book for some time based on reading a few of the reviews that had been circulating on 'The Dividend Growth Investment Strategy' by Roxann Klugman. But after reading it I was very disappointed for a couple of r...
Stay on top of the latest headlines from the Wall Street Journal Online.
WSJ What's News Late Edition, July 2, 2009by The Wall Street Journal
Stocks tumble in light trading as an unexpectedly weak jobs report dampened investors moods; Exelon boosts its offer for nuclear power provider NRG Energy by 12 percent; and the man who introduced the world to "Two Bu...
Jeffrey Saut Daily Audio Comment Raymond James
Listen to the recording with one of the media players below:
Jeff Saut’s Daily Audio Comment is recorded every weekday, except Wednesday, at 9 a.m. ET. It is made available to the public on this Web page at approximately 1 p.m. ET.