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JCP: How Can We Believe Anything Bill Ackman Says?

It's also plausible that a considerable number of people have respect for Ackman. They watch him on television. They read the press clippings on JCP. And they're like, Hell, if this dude believes in the story, why shouldn't I?

As a public, we really should start questioning the obvious. As a media, it wouldn't be a bad idea to give cats like Ackman maybe just a little less airtime. It's not like we can have much faith in what they're saying at any given time anyhow.

-- Written by Rocco Pendola in Santa Monica, Calif.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.
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