Congressional Democrats Assist Ackman In Wall Street FeudGuest Post
Congressional Democrats assist billionaire hedge-fund manager in Wall Street feud by Josh Kaib and Will Swaim of Watchdog.org / Franklin Center
Two years ago, billionaire hedge-fund manager William Ackman announced boldly — from a stage in a Manhattan conference center — that his Pershing Square Capital Management had taken a $1 billion short position on publicly traded Herbalife Ltd. (NYSE:HLF), the Los Angeles-based maker of nutrition products.
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