When Mark Hughs founded a multi-level marketing company called Herbalife in 1980, he probably thought it had the power to do a lot of things. Help people lose weight. Makes others rich. Shake up the diet industry. What he mostly likely did not expect, however, was that his li'l company that could would reignite a feud between two billionaires that would devolve into a flurry of press releases quibbling over who was dying to be friends with whom, shouting matches on live TV, and, we predict, someone telling someone else he has a right mind to "Rip the eyes out of your head and piss into your dead skull! You messed with the wrong hedge fund manager!"
The Pershing Square manager will never be free of this guy.
There's simply no other way to explain what's happening there.
Or at least just reevaluate his relationships with Herbalife and Valeant.
In response to Icahn telling Bloomberg he neither likes, nor respects the Pershing Square founder, Bill Ackman got a couple important points of his chest, the first being that 1. The feeling's mutual, buddy! And 2. You can tell Carl Icahn is lying if his lips are moving.