Ackman's a Zealot, Puts Money Where Mouth Is: Cohan

Ackman's a Zealot, Puts Money Where Mouth Is: Cohan Play

April 9 (Bloomberg) -- William Ackman’s losses on his investment in J.C. Penney surpassed $650 million as the shares fell following the departure of CEO Ron Johnson. Bloomberg Contributing Editor Bill Cohan comments on Bloomberg Television's "Money Moves." (Source: Bloomberg) (Source: Bloomberg)

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