• 15 Jan 2010 at 11:39 AM

Pershing Square Donates $1 Million To Haiti

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Matching the $1 million donations from the likes of Goldman Sachs and Morgan Stanley is Pershing Square Asset Management chief William Ackman. The activist hedge fund manager said yesterday that his Pershing Square Foundation would wire its gift to Partners in Health today. Partners in Health offers healthcare services in the stricken country.

Comments (25)

  1. 1
    Posted by guest | January 15, 2010 at 7:41 AM

    1 stock

  2. 2
    Posted by guest | January 15, 2010 at 7:41 AM

    Is that in TGT shares?

  3. 3
    Posted by guest | January 15, 2010 at 7:43 AM

    nice.

  4. 4
    Posted by Lowly Assistant | January 15, 2010 at 7:48 AM

    Charity begins at Pershing, and justice begins in Target.
    -Just for Men Eyebrows

  5. 5
    Posted by guest | January 15, 2010 at 7:52 AM

    Jefferies>Pershing Square

  6. 6
    Posted by NakedShort | January 15, 2010 at 7:54 AM

    Read the fine print people:
    The activist hedge fund manager said yesterday that his Pershing Square Foundation would send via cargo ship its gift to Partners in Healthcare and Beauty today. Partners in Healthcare and Beauty offers healthcare services and cosmetic support in the fashion stricken country. $1 million worth of Clinique Water-Resistant Eyeliner will embark for Haiti this afternoon; totaling almost 69,000 units.

  7. 7
    Posted by guest | January 15, 2010 at 7:54 AM

    I bet Einhorn Donates $2mm just to upstage Ackman.

  8. 8
    Posted by Pfluger the Barbaria | January 15, 2010 at 7:58 AM

    Good on Mr. Dark Eyebrows.

  9. 9
    Posted by guest | January 15, 2010 at 8:03 AM

    Incidentally, Goldman also matches any donation made by its employees.
    Goldman Yenta

  10. 10
    Posted by CoveredLong | January 15, 2010 at 8:05 AM

    @6 – In a related story, Ackman has been pleading with the transportation company to spinoff the Eyeliner holdings….he will likely not succeed, leverage up, and have to go without makeup for a while.

  11. 11
    Posted by guest | January 15, 2010 at 8:13 AM

    AckAck also donated a case of his miracle eyebrow cream.

  12. 12
    Posted by disgruntled HF inves | January 15, 2010 at 9:30 AM

    Someone better tell the Haitians that there is a 3 year lock-up on that donation and annual liquidty with 180 days notice thereafter….I hope they can wait that long for food and water.

  13. 13
    Posted by Madoff's Dong | January 15, 2010 at 9:32 AM

    if I werent in jail I would have donated way more than Ackman.
    Bernie

  14. 14
    Posted by Madoff's Dong | January 15, 2010 at 1:32 PM

    if I werent in jail I would have donated way more than Ackman.
    Bernie

  15. 15
    Posted by UniBrow Guy | January 15, 2010 at 9:36 AM

    THIS JUST IN – Ackman has placed this donation in a side pocket that is gated until further notice!! No food or water for these poor folks!

  16. 16
    Posted by the Hovdenator | January 15, 2010 at 9:39 AM

    $1M is chump change compared to all of the scratch that I am going to make shorting commerical real estate.
    The Hovde"nator"

  17. 17
    Posted by guest | January 15, 2010 at 9:48 AM

    One stock,
    One heart,
    Let's get together and
    Darken eyebrows…

  18. 18
    Posted by guest | January 15, 2010 at 9:51 AM

    If the Haitian earthquake damage comes out to be around 500 million US, how much would Buffett have charged to insure Haiti for such a disaster?
    ~Sort of a quant

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