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Bill Ackman warns of 'casino' stock market as speculative trading grows

"'We're back to the casino type markets when there was 95% leverage," said the founder of Pershing Square Capital Management.

This article was originally published by CNBC Top News and is republished here under license.

“‘We’re back to the casino type markets when there was 95% leverage,” said the founder of Pershing Square Capital Management.

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