Bill Ackman’s Herbalife Short Saga Started With Einhorn’s Question

Bill Ackman's Herbalife Short Saga Started With Einhorn's Question

Bill Ackman thinks that Herbalife is giant a pyramid scheme. Herbalife is a company that sells weight loss shakes, vitamins and other similar products. Ackman has placed a $1 billion short bet against the company. In this NPR interview Ackman again stresses his short case, and why he is placing a huge amount of money and his reputation on the company failing. The segment starts with David Einhorn’s question on the Herbalife conference call.

The audio segment is embedded below:

Dan Loeb’s Third Point Re To Merge After Years Of Losses

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsLast week, Third Point Re insurance, which is backed by US hedge-fund manager Daniel Loeb, said it would merge with Sirius International Insurance Group in a cash-and-stock deal worth around $788 million. The deal comes at a pivotal time for both companies. Third Point Re To Merge After Years Of Losses Early last year, reports Read More

H/T Plan Maestro