First Republic Bank rescue creates a 'false sense of confidence,' says hedge fund investor
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Bill Ackman. (Online News 72h Photo/Richard Drew) First Republic Bank rescue creates a 'false sense of confidence,' says hedge fund investor Brady Knox March 17, 04:39 PM March 17, 04:39 PM Video Embed B illionaire investor Bill Ackman criticized the recent bailout of First Republic Bank, saying that it creates a "false sense of confidence." Ackman, CEO of hedge fund Pershing Square Capita...