Borders Bankruptcy Is Ruining Bill Ackman’s Reading Room Plans
He had a plan to save the book industry one story at a time, but now that’s probably shot to hell. William Ackman, whose stake in Borders Group Inc. will probably be wiped out by bankruptcy, also may...
View ArticleBill Ackman: Mistakes (Though Not Many) Were Made
There comes a time in every hedge fund manager’s life when he must admit that he made a mistake. Sometimes that mistake was borrowing money from an investor fund to pay personal taxes. Sometimes that...
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