Ackman Concerned About 'Contagion Risk' Spiraling Out Of Control
Spreading the risk of financial contagion to achieve 'a false sense of confidence' in First Republic Bank is “bad policy”, Ackman said in a tweet.
Hemanth Kumar
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(Bloomberg) -- Spreading the risk of financial contagion to achieve “a false sense of confidence” in First Republic Bank is “bad policy”, Pershing Square’s Bill Ackman said in a tweet.
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