Bill Ackman, the CEO of $13 billion Pershing Square Capital, is hosting a webcast on Tuesday morning to attack Herbalife, his infamous short position. The webcast will feature a video called “The American Dream Denied.” It will air at 11:30 AM ET...For more than three years, Ackman has been crusading against Herbalife, a multi-level marketer that sells nutritional shakes and weight-loss products. In late December 2012, Ackman publicly declared via a 342-slide presentation that he was short $1 billion worth of Herbalife. [BI, earlier]
Bill Ackman Tells Herbalife Employees To Spend Some Time On Monster.com Today
See if you can guess what he's getting at.