Days after teary TV appearance, Bill Ackman nets $2.6B from bet against market

When billionaire Bill Ackman went on television last week to tearfully warn that “hell is coming” and beg the White House to shut down the country for 30 days, he was knee deep in a bet against the markets that netted him $2.6 billion. In a Wednesday note to investors of his Pershing Square fund,… Continue reading at New York Post