(Business Insider) William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks at the Sohn Investment Conference in New York, May 5, 2014. On Thursday, the Financial Times published an op-ed written by hedge fund billionaire Bill Ackman.It was an endorsement of Michael Bloomberg for president, and it was the talk of the industry.
It’s not that people on Wall Street didn’t like what Ackman said. As a former Wall Streeter himself, Michael Bloomberg is respected in the community, and his centrist policies sit well with the generally fiscally conservative, socially liberal ethos.
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