{"id":11628,"date":"2013-10-06T07:16:05","date_gmt":"2013-10-06T05:16:05","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=11628"},"modified":"2013-10-06T07:19:46","modified_gmt":"2013-10-06T05:19:46","slug":"is-herbalife-a-pyramid-scheme","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/is-herbalife-a-pyramid-scheme\/","title":{"rendered":"Is Herbalife a Pyramid Scheme"},"content":{"rendered":"

Billionaire hedge-fund manager Bill Ackman\u00a0\u00a0has reduced his equity short stake in Herbalife,\u00a0\u00a0taking a loss even as he reiterated his allegation that the company is an illegal pyramid scheme.<\/p>\n

In a letter to Pershing Square\u00a0Capital Management LP\u2019s investors, Ackman said he replaced a portion of his original short position, that was valued at about $1.5 billion, with long-term put options. The move lets Pershing still make money if the company fails \u201cwithin a reasonable time frame\u201d even as it reached an all-time high last month. \u00a0\u00a0Herbalife Pyramid<\/a><\/strong><\/p>\n

\"Herbalife\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire hedge-fund manager Bill Ackman\u00a0\u00a0has reduced his equity short stake in Herbalife,\u00a0\u00a0taking a loss even as he reiterated his allegation that the company is an illegal pyramid scheme. In a letter to Pershing Square\u00a0Capital Management LP\u2019s investors, Ackman said he … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-11628","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t