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View Full Version : Ackman to Lose 'a Lot of Money' on Hong Kong Currency-Peg Bet, Tsang Says - Bloomberg



NewsWhore
11-08-2011, 07:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG3u7Kiw0hFKKYlSAGbG7gBnkeu2g&url=http://www.bloomberg.com/news/2011-11-08/ackman-to-lose-a-lot-of-money-on-hong-kong-currency-peg-bet-tsang-says.html)
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Ackman to Lose &#39;a Lot of Money&#39; on Hong Kong Currency-Peg Bet, Tsang Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG3u7Kiw0hFKKYlSAGbG7gBnkeu2g&url=http://www.bloomberg.com/news/2011-11-08/ackman-to-lose-a-lot-of-money-on-hong-kong-currency-peg-bet-tsang-says.html)
Bloomberg
Photographer: Peter Foley/Bloomberg William Ackman, founder of hedge fund Pershing Square Capital Management LP, will “lose a lot of money” on his bet that Hong Kong will amend its currency peg to the dollar, city Chief Executive Donald Tsang said. ...

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