- published: 10 Jan 2016
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William A. Ackman, more commonly known as Bill Ackman, (born May 11, 1966) is the founder and CEO of hedge fund Pershing Square Capital Management LP. In December 2007 his funds owned a 10% stake in Target Corporation, valued at $4.2 billion through the purchase of stock and derivatives. His funds now own a 7.8% stake. In December 2010, his funds held a 38% stake in Borders Group and on December 6, 2010, Ackman indicated he would finance a buyout of Barnes & Noble for US$900M. He most recently won a shareholder proxy battle for Canadian Pacific Railroad.
Ackman was raised in Chappaqua, New York. He received a Bachelor of Arts degree magna cum laude from Harvard College in 1988, and an MBA from Harvard Business School in 1992.
In 1992, Ackman co-founded Gotham Partners with another Harvard graduate. By 1998, the firm had more than $500M in assets. In 2003, the New York Attorney General investigated whether the firm had engaged in illegal practices for publishing its own research reports on stocks in which it has taken either a long or short position. The litigation concluded that the firm had committed no wrongdoing. Gotham Partners primarily invested in non-publicly traded companies and real estate concerns.
Howard Robard Hughes, Jr. (December 24, 1905 – April 5, 1976) was an American business magnate, investor, aviator, engineer, film producer, director, and philanthropist. He was one of the wealthiest people in the world. He gained prominence from the late 1920s as a maverick film producer, making big-budget and often controversial films like The Racket (1928), Hell's Angels (1930), Scarface (1932), and The Outlaw (1943). Hughes was one of the most influential aviators in history; he set multiple world air-speed records, built the Hughes H-1 Racer and H-4 "Hercules" (better known to history as the "Spruce Goose" aircraft), and acquired and expanded Trans World Airlines which would later on merge with American Airlines. Hughes is also remembered for his eccentric behavior and reclusive lifestyle in later life, caused in part by a worsening obsessive–compulsive disorder and chronic pain. His legacy is maintained through the Howard Hughes Medical Institute.
Hughes' birthplace is recorded as either Humble or Houston, Texas. The date is also uncertain, though Hughes claimed his birthday was Christmas Eve. A 1941 affidavit birth certificate of Hughes signed by his aunt Annette Gano Lummis and Estelle Boughton Sharp states he was born on December 24, 1905, in Harris County, Texas. However, his baptismal record of October 7, 1906, in the parish register of St. John's Episcopal Church, in Keokuk, Iowa, has his birth listed as September 24, 1905, without reference to the place of birth.
Robin Hood was a heroic outlaw in English folklore. A highly skilled archer and swordsman, he is known for "robbing from the rich and giving to the poor", assisted by a group of fellow outlaws known as his "Merry Men". Traditionally, Robin Hood and his men are depicted wearing Lincoln green clothes. The origin of the legend is claimed by some to have stemmed from actual outlaws, or from ballads or tales of outlaws.
Robin Hood became a popular folk figure in the medieval period continuing through to modern literature, films and television. In the earliest sources, Robin Hood is a yeoman, but he was often later portrayed as an aristocrat wrongfully dispossessed of his lands and made into an outlaw by an unscrupulous sheriff.
In popular culture, Robin Hood and his band of "merry men" are usually portrayed as living in Sherwood Forest, in Nottinghamshire, where much of the action in the early ballads takes place. So does the very first recorded Robin Hood rhyme, four lines from the early 15th century, beginning: "Robyn hode in scherewode stod." However, the overall picture from the surviving early ballads and other early references suggest that Robin Hood may have been based in the Barnsdale area of what is now South Yorkshire (which borders Nottinghamshire).