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Bill Ackman Tells Herbalife Employees To Spend Some Time On Today

See if you can guess what he's getting at.
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The diet shakes and supplements company may not have gone down for the dirt nap yet, but as the hedge fund manager's said on many, manyoccasions, it's only a matter of time!

"If you find yourself as an Herbalife employee today, my advice is that you should leave the company because this is not going to be a good thing on your resume. I'd go find another job," the Pershing Square Capital Management CEO said on CNBC's "Fast Money: Halftime Report." Ackman took his short position in Herbalife more than three years ago, and he said Monday his bet against the company is roughly $1 billion. He has publicly crusaded against Herbalife, repeatedly calling it a pyramid scheme and saying its business model harms people. His actions have not prevented Herbalife shares from climbing. The stock has risen more than 40 percent in the last year.

Ackman on Herbalife: 'I'd go find another job' [CNBC]


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