Bill Ackman says U.S. economy risks heading into a 'train wreck' Bill Ackman said he would be “would be surprised if deposit outflows don’t accelerate effective immediately.” Fortune · Mar 23, 2023
Ackman Says Bank Of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence Billionaire investor Bill Ackman said Friday that Bank of America will buy Signature Bank on Monday as other banks face peril Zenger · Mar 20, 2023
Ken Griffin says SVB failure would have been 'lesson in moral hazard' The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline." Fortune · Mar 14, 2023
Washington tries to contain chaos from Silicon Valley Bank’s failure Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing. Chicago Sun-Times · Mar 14, 2023
Michael Hiltzik: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose For decades, the dominant mantra of Silicon Valley's powerful has been that government is just a drag on their innovative spirit. Get regulators off our backs, they've argued, and we'll improve people's lives to an indescribable degree. Los Angeles Times · Mar 14, 2023
Tech libertarians who want nothing to do with the government changed their tune big time when it came to Silicon Valley Bank’s epic collapse The tech world typically resists government regulation, but Silicon Valley Bank's collapse led some to push for government intervention. Fortune · Mar 13, 2023
Hedge Fund Manager Calls For Government Intervention As Elon Musk Open To The Idea Of Buying SVB Bill Ackman calls on the federal government to step in to solve the failed bank as Elon Musk is open to buying the bank Zenger · Mar 13, 2023
Billionaire investor Bill Ackman says U.S. regulators ‘did the right thing’ by saving Silicon Valley Bank depositors But he warns more banks "will likely fail." Fortune · Mar 13, 2023
Silicon Valley Bank: FTSE 100 tumbles 2.5%; HSBC rescues SVB UK – as it happened Silicon Valley Bank UK has been sold to HSBC, in a deal that protects depositors’ money, says Treasury and Bank of England after weekend talks The Guardian - UK · Mar 13, 2023
US guarantees all deposits after Silicon Valley Bank collapse, as Biden promises action Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week The Guardian - US · Mar 12, 2023
Silicon Valley Bank’s parent is reportedly struggling to pull off a fire sale after its stock blew up and it failed to raise capital “It doesn’t smell good right now, and there’s a lot of panic,” a venture investor who spoke with dozens of SVB clients told Fortune Thursday. Fortune · Mar 10, 2023
Silicon Valley Bank fails in largest bank collapse since 2008 crisis US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely The Guardian - UK · Mar 10, 2023
Bill Ackman thinks the government should consider SVB bailout The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy." Fortune · Mar 10, 2023
Billionaire Ackman donates $3.25 million for ambulances in Ukraine Billionaire hedge fund manager Bill Ackman has pledged $3.25 million to help buy more than a dozen ambulances for Ukraine as it defends itself against Russia's invasion, according to a fellow investor who cited a conversation with him. Reuters · Feb 26, 2023
The Times of India · Feb 4, 2023 How Gautam Adani selloff stacks up against the biggest stock collapses NEW DELHI: The magnitude of the plunge in stocks tied to Indian billionaire Gautam Adani is rivaled by only a handful of short-seller campaigns in history.
Fortune · Dec 20, 2022 IPO outlook: After a boom and bust in recent years, 2023 may be the year unicorns Stripe, Chime, and Instacart list shares The IPO pipeline closed in 2022, but there’s reason to believe that it may reopen as 2023 gets underway.
Fortune · Dec 15, 2022 Billionaire investor Bill Ackman says the Fed is ‘no longer credible’ on a key metric—and change is probably coming Does targeting 2% inflation make sense in our current economic environment? Not if you ask Bill Ackman.
Fortune · Dec 15, 2022 A sick-leave showdown at a Warren Buffett–owned company highlighted the flaws in billionaire philanthropy A controversy at railroad BNSF reveals concerns about how Warren Buffett and other billionaire philanthropists earn their fortunes.
Fortune · Dec 1, 2022 Billionaire Bill Ackman and Kevin O'Leary think FTX's Sam Bankman-Fried is telling 'the truth' about being unaware of major problems at his failed crypto exchange FTX founder Sam Bankman-Fried defended himself Wednesday against fraud accusations in an interview at the New York Times Dealbook Summit.
Fortune · Nov 24, 2022 Bill Ackman wants to break Hong Kong's peg to the U.S. dollar But the city's financial secretary earlier said anyone betting against the Hong Kong dollar is "bound to lose."
Fortune · Nov 21, 2022 Wharton Professor Jeremy Siegel says stocks will soar 20% next year as inflation fades—but legendary investor Bill Ackman says not so fast Wharton Professor Jeremy Siegel says 90% of U.S. inflation is already gone, but Bill Ackman is warning investors not to forget about deglobalization.
Benzinga · Oct 18, 2022 Elon Musk Applauds Op-Ed Which Says We're Heading To 'Woke War III' As Nuclear Threat Ramps Higher In an Oct.
Benzinga · Aug 22, 2022 Bill Ackman May Have Dumped Netflix, But Here Are 3 Dividend Stocks Pershing Square Is Still Holding As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.
Benzinga · Jul 29, 2022 Stocks, Bonds Rally On 'Neutral Rate' Optimism — Bill Ackman Warns These Expectations Are Misplaced Billionaire hedge fund manager and Pershing Square Capital (OTCPK: PSHZF) CEO Bill Ackman explained through a series of tweets that a 2% borrowing rate is not neutral when inflation is trending around 9%.
Benzinga · Jul 27, 2022 Bill Ackman Explains Why Inflation, Not Fed Rate Hike, Is Biggest Threat To US Economy Billionaire hedge fund manager and CEO of Pershing Square Holdings Ltd. (OTC: PSHZF) Bill Ackman explained through a series of tweets that the biggest risk to the U.S.