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Isn’t the fact they aren’t a monopoly what gets them to change? Bill Ackman was on CNBC this morning ripping into them for like 15 minutes of prime air time on
by enos_feedler 4y ago
Isn’t the fact they aren’t a monopoly what gets them to change? Bill Ackman was on CNBC this morning ripping into them for like 15 minutes of prime air time on this issue. The CEO of Visa is nowhere to be heard from. I suspect the end result will be to revoke PH as a customer. Why? Because Mastercard and Amex exist
- xwowsersx 4y agoSounds like Bill Ackman has a short on Visa.
- enos_feedler 4y agoIt would sound that way, which is why CNBC made him clear up any conflicts on air. He said he currently has 7 total long positions and zero shorts and no plans to enter anything with Visa. He was stretching to find a connection with Visa and the best he came up with is that Lowes accepts visa cards