With his attentions now focused elsewhere, Bill Ackman has no time to make three-hour presentations about why Canadian mall owner General Growth Properties should be sold, post-haste. Also: The company he wanted to buy GGP* didn’t want it anymore. So he’s picking up his toys and going home.
“How does Bill Ackman do it” is a question the investing community surely asks itself […]
Book excerpt: Adam Baldwin’s “Heroes and Villains of Finance” is a fascinating dive into the history of money as an institution, highlighting the fifty most significant figures that, rightly or wrongly, are responsible for the financial landscape we live in today.