The Big Short War
Money and Finance

The Big Short War


Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s former friend Dan Loeb and activist investor Carl Icahn—to take the opposing bet on Herbalife. As the public brawl rivets Wall Street, William D. Cohan learns why, this time, it’s personal.





- After Big Bet, Hedge Fund Pulls The Levers Of Power
Link to article: After Big Bet, Hedge Fund Pulls the Levers of PowerAt a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife,...

- Hedge Fund Mogul At Risk Of A Short Squeeze On Herbalife
Found via the Corner of Berkshire & Fairfax. Hedge fund titan Bill Ackman had an easy time vanquishing the sclerotic board of Canadian Pacific Railway last year. He’s now in an even more fascinating bare-knuckles fight, this time with Herbalife...

- Pershing Square's Ackman Shorts Herbalife; Stock Skids
Ackman's presentation will also be streamed live at 9:30am today, HERE.  (Reuters) - Activist investor William Ackman confirmed on Wednesday that he is betting against the stock of Herbalife Ltd (HLF.N) in a move that sent shares of the weight...

- The Einhorn Effect
Thanks to Andrew for passing this along. About 37 minutes into Herbalife Ltd.’s first-quarter conference call in May, the operator introduced hedge-fund manager David Einhorn. Listen to Mr. Einhorn’s back-and-forth with Herbalife president Des Walsh...

- Transcript Of David Einhorn's Questions On Herbalife Conference Call
Via Market Folly: Earlier today, David Einhorn of Greenlight Capital surfaced on Herbalife's (HLF) conference call.  Below is a transcript of the questions the hedge fund manager asked and the company's responses.  Herbalife is multi-level...



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