Ackman’s Unforced Errors & Saks’ Debt Spiral

Bill Cohan joins guest host extraordinaire Julia Alexander to dissect Bill Ackman’s latest headline-generating antics—this time at a tennis tournament—and the optics of his increasingly erratic behavior. Then Bill breaks down the escalating crisis at Saks Global, where a debt restructuring effort has devolved into intra-creditor warfare, and why Chapter 11 may be on the horizon.