Speaking at the Invest for Kids conference in Chicago today, hedge fund manager Bill Ackman of Pershing Square Capital Management made a number of bold statements. Ackman’s goal to replace Allergan CEO Seemingly displeased with recent developments at Allergan, Inc. (NYSE:AGN), where the company revealed it is negotiating with potential white knight Actavis, Ackman said one of his goals was replacing the CEO of Allergan, who he indicated was not focused on quick growth. Ackman doesn’t like typical stock option incentive programs given to CEOs because they are incented to slowly grow a company. If the stock price were to…
Ackman Says Country Will "Blow Up" if Gov Takeover of Fannie / Freddie Upheld
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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