Monday, August 18, 2014

Wait! Bill Ackman Has Something Else To Say!

From DealBreaker:
Between suing the government for taking all of the profits from two companies that it began taking all of the profits from more than a year before he bought 10% of each of them, and Friday morning, the Pershing Square Capital Management chief had another brilliant idea, and decided to sue the government again.
Pershing Square’s second suit seeks an injunction stopping the so-called net-worth “sweeps,” a declaratory judgment that the revised bailout terms and the sweeps are illegal, and the unwinding of the sweeps or “other equitable and ancillary relief.”...
...MORE