Wednesday, July 31, 2013

Dump your CP RAIL stock now; Ackman is toxic!

It was only a matter of time before the backsplash from the Lac Megantic disaster was going to splatter on folks beyond MMA boss Fast Eddie Burkhardt.

This story tells you that the throngs of litigation attorneys hovering over the carcass of Fast Eddie have Big Bill Ackman in their sites.

This will go on forever on the basis of the "deep pockets" syndrome. That's where the litigation hounds take off after the prey that has potentially the most wherewithal in terms of providing the juiciest pay-out.

Now that the media have drawn the connections between Big Bill and Fast Eddie, everything even remotely connected to Ackman and Pershing has a big fat target on its back.

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