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]


How Should Bill Ackman And Carl Icahn Settle This Thing Once And For All?

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!"