Why Bill Ackman Plans Pershing Square IPO

Aug. 14 (Bloomberg) -- Bill Ackman is seeking to raise money in a public share sale this year to give him more firepower to invest. Betty Liu reprts on “Movers & Shakers” on “In The Loop.” (Source: Bloomberg)
What You Need to Know: Markets Surge, Greece, China
24:55 - Bloomberg's Jonathan Ferro briefs you on the day's top stories.
  • Greece Crisis Is Really Chaotic Right Now: Lockhart
  • Write Off Greek Debt, Allow Temporary Euro Exit: Sinn
  • Fed’s 2016 `Dot Plot` Poised for Rate Hike Change