Bill Ackman on Washington Post Hit Piece: ‘The Public Has Been Again Misled’

Bill Ackman, the highly successful hedge fund manager and Harvard graduate whose criticism of Claudine Gay’s history of plagiarism led to her resignation as President of Harvard University, published a lengthy tweet on his X account Sunday evening responding to an article about him published by The Washington Post earlier in the day. Here is that post in its entirety:

I am sure all of us have had the experience of reading a story about a subject you know well and finding it replete with inaccuracies and falsehoods. One then turns the page and reads an article about a subject one knows less well and makes the mistake of believing that this other story is accurate. I am guilty of this sin. I am sadly repeatedly reminded to mistrust what I read in the media, and I am not alone. Destruction of confidence in our media is contributing to societal breakdown, and that is a very unfortunate state of affairs.

Read the full story

Billionaire Bill Ackman Boosts Democrat Dean Phillips’ Presidential Campaign with $1 Million

Dean Phillips

Billionaire hedge fund manager Bill Ackman is giving Rep. Dean Phillips a $1 million donation to boost the Minnesota Democratic congressman’s 2024 presidential primary bid against President Joe Biden. 

Ackman, who has already made the maximum individual campaign donation of $3,300 to Phillips, said he plans on donating $1 million to We Deserve Better, a political action committee supporting Phillips, on Tuesday, according to a post the financier made over the weekend on X, formerly Twitter.

Read the full story

Bill Ackman Slams Business Insider’s German Parent Company for Double Down on ‘False Reporting’

Bill Ackman

Billionaire investor Bill Ackman’s spat with Business Insider escalated Thursday morning when he accused Business Insider’s German parent company Axel Springer of spreading what he says are false allegations printed by its subsidiary. 

“Yesterday, Axel Springer doubled down on Business Insider’s false reporting. The result is that Axel Springer has now become a directly responsible party for this exposure in addition to BI,” Ackman said on X.

Read the full story