1 / 1 Relevant items tagged with #BillAckmanFed

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Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

[Mar 25, 2023 7:30 PM] Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a…

Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits

[Mar 11, 2023 9:30 PM] Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of…

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