Ackman: Transparency Created Around Herbalife Will Cause The Company To Fail in 2015Mark Melin
Pershing Square Capital founder and political campaign front man Bill Ackman said it would be a contest to see what brought down Herbalife first, regulators or the market.
“I think the market is on its way to shutting down the company,” while not forcefully stating markets would beat the regulators to the punch. “I think it would be an enormous embarrassment to the regulators if the company collapses before regulators have done their job,” he said as he predicted 2015 would be the year Herbalife would exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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