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

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 deposits as there is no reward for this risk. Absent a systemwide FDIC deposit guarantee, more bank runs [...]

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Billionaire Bill Ackman Reveals Crypto Investments, Praises Helium (HNT)

Former crypto-skeptic Bill Ackman says he was wrong on crypto.

Continue reading Billionaire Bill Ackman Reveals Crypto Investments, Praises Helium (HNT) at DailyCoin.com.

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Hedge fund investor Bill Ackman shills crypto, reveals investment

Hedge fund investor Bill Ackman on November 20 said he is no longer a crypto skeptic after he found interesting crypto projects that enabled the formation of useful businesses and technologies.

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Billionaire investor Bill Ackman says 'crypto is here to stay'

Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout.

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Bill Ackman predicts crypto will remain

Bill Ackman says he remains bullish about cryptocurrencies, despite recent challenges. Ackman is the CEO and founder of hedge fund management firm Pershing Square Capital Management. He believes there's a need to increase oversight and remove "fraudulent actors". The billionaire has called for the removal of regulatory barriers and easing of regulations in New York. (Read More)

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Wall Street Investor Compares the Terra Case to a “Pyramid Scam”

Through his Twitter account, the CEO of Pershing Square Capital Management, Bill Ackman, warned that some cryptocurrencies harm the crypto ecosystem.

Continue reading Wall Street Investor Compares the Terra Case to a “Pyramid Scam” at DailyCoin.com.

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Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem

Billionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?” he stressed, adding that “We need a systemwide deposit guarantee [...]

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Bitcoin And Crypto Alert: The Implications Of Bill Ackman’s 30-Year T-Bills Short

What does this mean for Bitcoin and the broader crypto market? In a surprising move that has sent ripples through the financial world, billionaire hedge fund manager Bill Ackman recently announced that he is shorting 30-year Treasury bills. Ackman predicts that yields could soon skyrocket to 5.5%, a move he is positioning as a hedge [...]

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Billionaire Investor Bill Ackman Insists JPMorgan Boss Jamie Dimon Should Run in the 2024 US Presidential Race

Billionaire investor and Pershing Square Capital Management CEO, Bill Ackman, has asserted that JPMorgan Chase’s chief executive, Jamie Dimon, should enter the 2024 United States presidential race. Ackman claims that the current president Joe Biden is “extremely weak and in cognitive decline,” and argues that Dimon could defeat both Biden and Trump in the general [...]

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