Bill Ackman, founder and CEO, Pershing Square Capital Management, and now infamous and highly successful activist hedge fund manager of nearly $6-billion in assets, appeared on Charlie Rose, November 11, 2008.
In 2002, Ackman started a public campaign questioning America's bond insurers, in particular MBIA. that work uncovered among other things the possibility of a looming systemic problem in the credit market. In September he wrote a letter to the Treasury Secretary Henry Paulson, suggesting ideas for reforming Fannie Mae and Freddie Mac.
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