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Bill Ackman: You Think I'd Appear On TV If I Was Running From The Law? Come On People, Use Your Heads

Case closed, end of story.
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As you've likely heard by now, the Federal Bureau of Investigation is in the midst of probing whether or not people linked to Pershing Square founder Bill Ackman have "made false statements about Herbalife’s business model to regulators and others in order to spur investigations into the company and lower its stock price." Neither Ackman nor his hedge fund have been directly contacted by the Feds and, so far, the investigation appears to be focusing on contractors hired by consulting firm Global Strategy Group. But seeing Herbalife die a fiery death at some point in the near future has been at the top of Ackman's to do list for several years now, so, CNBC wondered earlier today, is there even a small glimmer of worry the probe could turn on the hedge fund manager? According to Bill, not in the slightest and he can prove it:

Ackman said he was not worried about the investigation leading back to him. "People guilty of crimes don't go on network television the morning after a story appears in the Wall Street Journal."

QED, end of discussion.

People linked to Pershing Square probed over Herbalife: Ackman [Reuters]
Prosecutors Interview People Tied to Ackman in Probe of Potential Herbalife Manipulation [WSJ]


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