1. McDonald's Culture 'Has To Be Turned Upside Down'

    McDonald's Culture 'Has To Be Turned Upside Down'

    Activist titans Nelson Peltz of Trian Fund Management and Bill Ackman of Pershing Square weighed in on how to fix McDonald's. The largest global fast-food chain has struggled in recent years, especially in the US. At the CNBC/Institutional Investor Delivering Alpha Conference, "Mad Money" host Jim Cramer asked the two hedge fund billionaires if they could fix McDonald's...

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    1. Well, I'm chairman of Wendy's, so I don't want to give them too many tips one what needs to be done.
    2. Now, burger King was in a much worse place than McDonald's is today. A store base that's disaster. You had same-store sales that had gone down every year. They had had 13 CEOs I think in the 25 previous years.
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