He just wrote a really long tweet about how if the govt doesn’t bail out the banks then all deposits >$250k will flock to the “systemically important banks” (ie JPM, BofA etc) leaving the regional and local banks high and dry. I don’t disagree that regional and local banks are screwed but the solution isn’t to bail them out - the solution is to not bail out any banks - even the big ones!!!. And bitcoin of course. I hate Bill Ackman.
He will be crying on CNBC on Monday. I don't care how rich he is, the guy is a total loser.
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