Herbalife Under Investigation In USA

niftyone

Visit http://dealbook.nytimes.com/2013/01/09/s-e-c-opens-investigation-into-herbalife/

It was recently suggested by a prominent USA Hedge Fund it was the best-managed pyramid scheme in the history of the world.

geordie_joe

niftyone wrote: »

Visit http://dealbook.nytimes.com/2013/01/09/s-e-c-opens-investigation-into-herbalife/

It was recently suggested by a prominent USA Hedge Fund it was the best-managed pyramid scheme in the history of the world.

While I would probably agree with that, in fairness you should have also point out that "Mr. Ackman is betting hundreds of millions of dollars that Herbalife shares are worth nothing." So it is in his interest to say things like that whether they are true or not.

Computersaysno

I'm not allowed to say Herbalife is a scam...so I won't.