![Bill Ackman: Johnson’s JCP tenure 'Very Close to a Disaster' [VIDEO]](https://www.valuewalk.com/wp-content/uploads/2021/07/clost.png "Bill Ackman: Johnson’s JCP tenure 'Very Close to a Disaster' [VIDEO]")
Bill Ackman tells Impact Players host Robert Wolf that CEO Ron Johnson’s tenure at JCPenney is “something very close to a disaster.” The comments were made by the hedge fund manager at a conference in Boston today. Bill Ackman called JCP the biggest risk in my portfolio. Ackman says that if you can turn a retailer around it is one of the best businesses to be in.
