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Pershing Square Capital Management

Kim Bhasin

Bill Ackman's Costly Defeat Marks End Of An Era For J.C. Penney

HuffingtonPost.com | Kim Bhasin | Posted 08.27.2013 | Business

Three years ago, hedge fund billionaire Bill Ackman started buying shares in J.C. Penney. After two previous failures in the retail world, Ackman was ...

Kim Bhasin

Schultz vs. Ackman: IT'S ON!

HuffingtonPost.com | Kim Bhasin | Posted 08.12.2013 | Business

Starbucks chief executive officer Howard Schultz didn't hesitate on Friday to come to the defense of J.C. Penney CEO Mike Ullman, who happens to also ...

The 5 Most Generous on Wall Street

Rachael Chong | Posted 05.12.2013 | Impact
Rachael Chong

As part of our series on generosity in business, we're looking at some of the financial wizards who are using their skills and assets to give back to society in the most impressive and inspiring ways.

Stuy Town Foreclosure Stalled

Crain's New York Business | Posted 05.25.2011 | New York

A joint venture between Pershing Square Capital Management and Winthrop Realty Services will not be allowed to foreclose on Stuyvesant Town/Peter Coop...

Fight Club: Ackman's Hedge Fund Vs. Wall Street's Ponzi Machine

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

If a corrupt scheme is "making money," everyone involved--from the culprits to the dupes--viciously attacks anyone who tries to expose it. Hedge fund manager Bill Ackman learned this lesson the hard way.

Ackerman's Pershing Square Investors To Cash Out

New York Times | ZACHERY KOUWE | Posted 05.25.2011 | Business

In a move that could force similar changes at other money-losing hedge funds, the well-known fund manager William A. Ackman is cutting his fees and al...