Billionaire Backpedal: Bill Ackman’s Power Play Exposed

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Chris takes aim at hedge-fund titan Bill Ackman, calling out his COVID-era market theatrics and sudden attempt to cozy up to Mayor-elect Zoran Mamdani after backing Cuomo with millions. From fear-mongering on CNBC to congratulatory tweets dripping with opportunism, Ackman’s latest move highlights the Wall Street obsession with power and influence. While some billionaires chase clout, Chris reminds listeners what real wealth is about: building, preserving and staying grounded.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski is.

Speaker 2 (00:16):
Going out to the suck up brown noser of the day,
Bill Ackman. Now, my longtime listeners, No, I'm not a
big fan of Bill Ackman and many the other wheeler dealer,
big money guys involved in various different hedge funds, venture
capital out there, and Bill Ackman, quite frankly, is one

(00:38):
of them. Bill Ackman. Bill Ackman during COVID ran a scam,
ran a scam where he went on He went on
CNBC and he basically raised the alarm and brought his
father up. And I don't want to see my father dead.
And Trump needs to shut the economy down for six
months at least. Got to go from there. We can't

(01:01):
allow this to happen all with this whiny rant. I
can't even believe they allowed him to do it. And
he tanked the market. He tanked the market, but he
wanted to tank the market because again, like I said,
you can make money when things go down, and he
talked the market down anyway, neither here nor there. He

(01:24):
was not a fan of zoron Mom Donnie. He was
wanted Andrew Cmo to win and gave Andrew Croomo millions
of dollars. This was his tweet after the ma'm Donnie win,
congrats on the wind. Now you have a big responsibility.
If I can help New York City, just let me

(01:45):
know what I can do. These people, they don't have
any shame, they really don't. They just like power, they
like money. It's like a Polkin novel for crying out loud.

(02:08):
They're absolute love of power and money. And again another
example of it right here with Bill Ackman. And I
don't know what that's like. I really don't. I'm in
the wealth creation, wealth growth, wealth preservation business, and I

(02:32):
think that's I mean, I love what I do. I
love what I do, but I don't love money. I
don't love money. I don't crave this type of attention,
this type of power that these people are attracted to.
I don't. I don't understand it. And you know, Bill,

(02:56):
many others as well. Again it they would sell what
was that lined by Sir Larry Wilman in Wall Street.
You know you'll you'll sell your mother out for a
buck or something like that. That's who these who these
people are again, aren't they? Aren't you embarrassed? Bill Nah,

(03:19):
you're not the Your love of money clouds your judgment
watchdog on Wall street dot com