Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: BADROTOFINGER

He made a bet against them. But, any ‘profit’ he will make on the short he will donate to charity. Mr. Ackman just hates the idea of a non .gov pyramid scheme.


15 posted on 04/12/2014 5:52:14 PM PDT by Theoria (End Socialism : No more GOP and Dem candidates)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Theoria
"But, any ‘profit’ he will make on the short he will donate to charity"

The article I linked in #13 says that the $700MM short sale came out of the hedge fund he manages and that the fund is taking the hit while the price stays high.

16 posted on 04/12/2014 6:04:46 PM PDT by shibumi (Cover it with gas and set it on fire.)
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson