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The New York Times

Apologies. Really. And I Will Definitely Grow Up.

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Fortune

The Siege of Herbalife

Hedge fund titan Bill Ackman has been on a nearly three-year quest to bring down the $5 billion-in-revenue nutrition giant. Call it destructive activism. But worth asking: Do short-sellers make good regulators?
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The Washington Times

BILL ACKMAN PIONEERS NEW VARIETY OF UNFAIR TRADING

The SEC, Herballife and Congress intersect
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The Huffington Post

MOVING STOCK PRICE BY SECRET LOBBYING LAW ENFORCEMENT

There’s a first time for every novel unfairness in the securities industry or otherwise. There has to be. If novelty justified stasis, the law would become a petrified forest.
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Red State

Bill Ackman: Tilting At Windmills

I made the mistake of paying to watch the mediocre documentary, “Betting on Zero”. The documentary follows the ongoing saga between billionaire hedge fund manager Bill Ackman, founder of Pershing Square Capital Management, and mega nutrition company Herbalife.
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Seeking Alpha

Where Are The Investors’ Yachts?

While Bill Ackman has had some big winners for investors in his multi-billion-dollar hedge fund, Pershing Square, he also has cost his clients a ton of money over the years due to his high-risk bets on stocks.
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New York Times

Hedge Fund Titan’s Surefire Bet Turns Into a $4 Billion Loss

A little over two years ago, William A. Ackman, one of Wall Street’s brashest and most self-assured hedge fund managers, was on top of the world.
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ValueWalk

Will Betting On Zero Turn Out To Be A Zero For Ackman?

The film Betting on Zero, a documentary to be released in select theaters Friday, is a film that speaks on several levels.
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Money Morning

Bill Ackman’s Three Worst Investments Of All Time

Money manager Bill Ackman's hedge fund Pershing Square once boasted extraordinary returns. For instance, in 2014, the fund beat out the S&P 500 by a whopping 27%, with 40% gains.
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The Washington Post

Wall Street’s brutal arithmetic: Hedge fund CEO profits, while investors bear loss

Wall Street math can be a wonderful thing. If you’re on the right side of it, that is.
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Bloomberg

How to Lose $4 Billion: Bill Ackman’s Long Ride Down on Valeant

Ackman reiterated confidence in company just two weeks ago. Investment in drugmaker was sucking up time, resources.
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Fortune

Bill Ackman Lost $7.7 Million Per Day on Valeant Stock

By the time Bill Ackman gave up and cashed out of his Valeant Pharmaceuticals stock earlier this week, everyone, even the hedge fund manager, knew it had been a big mistake.
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Prosecutors Interview People Tied to Ackman in Probe of Potential Herbalife Manipulation
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Yahoo! Finance

Bill Ackman Bails On His Massive, Money-Losing Bet on Valeant

Activist investor Bill Ackman, the CEO of $11 billion Pershing Square Capital, has exited his massive, money-losing bet in Valeant Pharmaceuticals.
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ForexLive

Thus Ends One Of The Worst Trades Of All Time

There is justice in all the money Bill Ackman lost in drugmaker Valeant. He reportedly sold all his holdings at $11 per share.
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New York Times

William Ackman Sells Pershing Fund’s Stake In Valeant

William A. Ackman, a billionaire investor, staked his reputation as a savvy stock picker on his ability to oversee a turnaround at Valeant Pharmaceuticals International.
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The Street

All the Talk Is of Ackman and Valeant

There is lots of talk in the media today about Bill Ackman's Pershing Square hedge fund dumping the last of his stock in Valeant Pharmaceuticals (VRX) and taking a loss of about $2.8 billion, overall.
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The Huffington Post

Betting on Zero – A Propaganda Piece For A Crony Capitalist

“Betting on Zero” is a new infomercial masking as a documentary about the direct selling industry. The movie premiers today and it is important to understand that the movie is a propaganda piece favorable and pushed by “activist investor” Bill Ackman.
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Townhall

Fake News In The Movies With The Documentary “Betting on Zero”

While “fake news” may be a relatively new addition to the nation's political lexicon, the phenomenon itself is not uncommon in Hollywood.
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The Street

Ackman Lost Bet on Herbalife

Judging by stock market indications, hedge fund boss Bill Ackman has lost his $1-billion short bet on Herbalife (HLF) .
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Forbes

Billionaire Bill Ackman Sells Disastrous Valeant Investment After Nearly $4 Billion Loss

Billionaire Bill Ackman has exited one of the most disastrous hedge fund investments ever, selling his hedge fund’s remaining shares in Valeant Pharmaceuticals.
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Patriot Update

Bill Ackman Invested in Oreo Cookies While Trying to Destroy a Healthy Food Company Herbalife

Bill Ackman, the hedge fund manager who has for years been in a battle to destroy health foods company Herbalife, has recently invested in more than 99 million shares of Mondelez International, the company that make Oreo cookies and a number of other “junk” food products
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Fortune

Herbalife Paid a $200 Million Fine. Then the FTC Screwed it Up

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Western Free Press

The Wall Street White Whale: Herbalife

He tasks me, said Ahab of the white whale – eventually riding the beast he was obsessed with punishing to his own doom.
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Townhall

Fake News Is Not New – It Used To Be Called …

I was taught propaganda was fake news distributed to the masses to mislead and control them. The best example of it in the world in the late 1980’s was the Russian Newspaper called Pravda.
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William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management LP, pauses during a Bloomberg Television interview in London, U.K., on Wednesday, Jan. 14, 2015. Billionaire activist investor Ackman considered investing in British retailer Tesco Plc, which announced a series of cost cuts to reverse a slide in profit. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
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Wealth Daily

Why Investors Fail

I've been in the investment newsletter biz for nearly 20 years. I came in right after the Asian currency crisis and subsequent Russian default. I saw the Internet bubble grow and pop. I saw Greenspan attempt to buy his way out of a recession with debt. Then the housing bubble and crash...
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Business Insider

‘Fake News’ Has Not Spared the…

As much as we may not want to hear it, there is nothing new about the phenomenon known as fake news. Combatting it has proven to be a viable business for Snopes.com
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Washington Examiner

The Fake News About Herbalife

Fake news may be taking the political world by storm, but investors have been dealing with it for so long there's actually infrastructure in place.
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Daily Kos

Bill Ackman: A Progressive Charlatan

Hedge fund billionaire Bill Ackman is the poster child for what is wrong on Wall Street. He has made large amounts of money for himself and his investors by price gouging consumers who purchase drugs.
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Rare

Hedge Fund Billionaire Bill Ackman’s Use of Crony Capitalism Sets a Dangerous Precedent

One hedge fund billionaire’s quest to destroy a reputable company by deploying crony capitalism tactics has set a dangerous precedent for successful companies going forward.
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The Huffington Post

Beginning of the End for Swaggering Hedge Fund Billionaire?

Whom the Gods would destroy, they first make arrogant. William A. Ackman of Pershing Square Capital Management (PSCM), a billionaire hedge fund manager, seems exemplary.
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Red State

One Hedge Fund Billionaire’s Wall Street Alamo

Is it possible for a billionaire hedge fund manager to blow it all? Yes and Bill Ackman, founder of the hedge fund Pershing Square Capital Management, is showing us how.
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The Huffington Post

Counting Cards…

Wall Street is a kind of casino, let’s start with that...  
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The Blaze

Activist Investors Play Dangerous Game

“Activist Investors” is the nice term for the 1980s phrase “Corporate Raiders,” made famous by the character Gordon Gekko in the movie Wall Street.
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The Huffington Post

Hedge Fund Manager Bill Ackman Masquerades…

To paraphrase from the New Testament (Matthew 9: 24): “[I]t is easier for a camel to go through the eye of a needle, than for someone who is [a hedge fund manager] to enter the Kingdom of God.”
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The Daily Caller

One Rich Beggar: Crony Capitalist Hits Up…

When a billionaire hedge fund crony comes to Washington claiming the “Moral High Ground” you know something’s fishy.
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The American Spectator

Cronyism Loses: Time for a Relaxing Summer

A crony who gives capitalism a bad name just lost. How nice! For supporters of the free market, one of the highlights of the year is Congress’s summer recess. It’s normally a time to relax and relish the fact that Congress isn’t passing laws, plotting to pass laws, and throwing away ...
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The Hill

The FTC Got It Right on Herbalife Settlement

Last week, the FTC announced a settlement with Herbalife, a 36-year old California nutrition company. The FTC rejected the years-long PR campaign funded by hedge-fund manager Bill Ackman, who demanded that the FTC brand Herbalife a pyramid scheme and shut it down...
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Breitbart News

Bill Ackman Can’t Manage to Destroy Herbalife

In 2012, Ackman shorted Herbalife stockto the tune of $1 billion, then set about trying to make good on his bet by destroying the company.
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Fortune

Herbalife Deal Poses Challenges for the Industry

Many direct sellers couldn’t handle the changes Herbalife agreed to.
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Forbes

Egg on Pershing Square’s Herbalife Short Selling

After months and months of mud raking and bravado in the financial press and no shortage of fear inducing presentations from the likes of Square Hedge Fund Manager Bill Ackman, the Federal Trade Commission (FTC) has settled with supplement company Herbalife. Since late 2012, Bill Ackman focused his ...
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Yahoo! Finance

Bad Year for Wall Street’s Golden Boy Ackman

New York (AFP) - For a Wall Street star once dubbed the "Baby Buffett," Bill Ackman is having a pretty bad year.
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Business Insider

The Herbalife Saga Shows that Bill Ackman Thinks He’s Too Good for Short Selling

Wall Street knows that short selling is a dangerous game. Because they are borrowing a stock, not simply owning it, short sellers risk losing more than the money they put down.
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Motley Fool

Herbalife Investment Reveals Bill Ackman’s Psychological Limits

Distinguishing between confidence and hubris is extraordinarily difficult when you're leading a high-profile, adversarial campaign against a company, as billionaire investor Bill Ackman is discovering with his unsuccessful encounter with Herbalife Ltd...
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Right Side News

Hedge Funds Are Attacking Companies to Profit From Their Failure?

The success or failure of a business enterprise should be determined by market forces. If a company successfully markets a better product or services to its customers, it will succeed. While some investors put up money to bet on the success of a company, hedge fund investors pick the likely losers ...
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Townhall

Bill Ackman: Gordon Gekko in the Flesh

In the movie Wall Street, Michael Douglas made famous the character Gordon Gekko. The character was famous for his callousness, wealth, and ice cold heart, but he was most famous for his greed.
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Red State

Bill Ackman: The Personification of…

Earlier this month, Carl Icahn declared that Bill Ackman of Pershing Square is “dead wrong” on his short bet relating to Herbalife.  He was correct, and Ackman knows it. In a last-ditch effort to make his bet pay off, Ackman has started a deceptive public relations war to kill the nutrition ...
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Breitbart News

Hedge Fund Kamikaze Missions

Nobel Prize winning economist Milton Freidman argued that the sole duty of a corporation was to maximize shareholder profit. Yet a corporation is defenseless when hedge fund targets a company for destruction making it impossible for the corporation to survive.
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Patriot Update

Hedge Funds Profit from Destroying Companies

Are hedge funds profiting from the decline or bankruptcy of companies? In many instances they are, but what if they are manipulating events in order to bring about the failure or bankruptcy of companies they have already bet on and invested in failing?
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The Street Real Money

Pershing Square Funds Total Return Approaches Negative Territory

There's no question billionaire activist Bill Ackman's hedge fund, Pershing Square, needs to chart a new course -- especially as the total return on its latest fund is closing in on negative territory.
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ValueWalk

Not All Activist Investors Are Made The Same

Valeant might be in the news more of late, but one of Ackman’s most high profile positions might be Herbalife (HLF), about which he released details in a 342 slide presentation in late 2012
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Liberty Unyielding

Hedge Fund Sabotage for Profit

In an episode of the hit NBC sitcom “Seinfeld,” Kramer made a bet at an airport that a Pittsburgh flight would be delayed. Coincidentally, his rowdy friend Jerry was on that plane and held up the takeoff. Unfortunately for Kramer, Earl — his counterpart in the deal — caught on. He took back ...
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The Street

Struggling Hedge Funds Should Stop Throwing Temper Tantrums

This year has been challenging for hedge funds, but some of their managers seem to be taking out their frustrations on publicly traded companies, to the detriment of investors.
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Seeking Alpha

‘Betting on Zero’ Herbalife Film: Why Wasn’t a 30-Year Relationship Between the Film’s Producer and Bill Ackman Disclosed?

Bill Ackman has a 30 year relationship with the co-producer that has not been disclosed.
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Daily Wealth

YOU Can Be Smarter Than Harvard Magna Cum Laude Bill Ackman

Bill Ackman is supposed to be the best of the best, the brightest of the bright...
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MarketWatch

Bill Ackman’s Stock Drops

How do you make a billion dollars disappear? Easy. You invest it with the boldest, cleverest, most revered hedge fund wizard on Wall Street.
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Seeking Alpha

Bill Ackman Is Nothing More Than A Big Bet Gambler

Taking concentrated fundamental bets is no different than playing craps in Vegas.
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Motley Fool

Bill Ackman’s 3 Worst Bets

Hedge fund manager Bill Ackman is one of more controversial figures on Wall Street. The head of the $12 billion Pershing Square Capital Management fund has gained the ire of several peers, including Carl Icahn and Dan Loeb, and was even called "despicable" by Starbucks CEO Howard Schultz.
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Bloomberg

Ackman Takes Another Blow

Valeant Pharmaceuticals' 47 percent plunge Tuesday means it's a rough day for a lot of hedge funds. But for Bill Ackman, what will be harder than reversing those stomach-churning losses is trying to repair the damage done to his reputation as an investor.
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The Daily Caller

No Investor Should Be Too Connected To Fail

Should hedge fund managers be allowed to be too politically connected to fail? The answer might seem obvious.
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The Blaze

Will Government Destroy a Company to Bailout a Hedge Fund Titan?

In 2012 activist hedge fund titan Bill Ackman announced a $1 billion short of Herbalife stock by his fund, Pershing Square Capital Management.
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The Street Real Money

Ackman’s Vision of Pyramid Scheme at Herbalife Just a Mirage

It's beginning to appear as if Bill Ackman couldn't have gotten Herbalife (HLF) any more wrong.
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Independent Journal

Why Is A Billionaire Hedge Fund Activist Using The … Government To Destroy Herbalife?

A billionaire hedge fund activist makes a billion dollar “short” stock bet that Herbalife is going to crater and go out of business. He then turns to his friends in government to wield their regulatory influence and cause Herbalife’s stock to drop, thereby guaranteeing the activist’s ...
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Motley Fool

The Difference Between Patience and Stubbornness

Change your mind when the facts change.
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Washington Examiner

The Case of Herbalife and Activist Investing Run Amok

Some 220 years ago, two dozen stockbrokers and merchants sat beneath a buttonwood tree on Wall Street and signed the famous Buttonwood Agreement forming the New York Stock and Exchange Board. This exchange, and the others that followed, ushered in a new era of free-market capitalism and changed ...
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Fox Business

Herbalife Attorney Lobs Threat at Ackman Team Over Research Tactics

In a FOX Business Network Exclusive, Charlie Gasparino has learned Herbalife's (HLF) legal team is upping the pressure against hedge fund activist Bill Ackman.
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Red Alert Politics

My Generation Failed: Will Millennials Govern Better?

As a proud GenXer and child of the 1980s, my generation gave the world some great music — but what else?
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Townhall

Herbalife and the Hedge Fund Activist

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The Huffington Post

Beware of Billionaire Hedge Fund Managers Preaching Morality

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Reason

Left and Right Should Condemn Crony Capitalist War on Herbalife

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Forbes

Enough Research? William Ackman’s Bad Bets on Valeant And Herbalife

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The Washington Times

A plutocratic administration of justice?

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The Daily Caller

Money Isn’t The Problem In Politics

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The Huffington Post

Someone Made A Suspiciously Timed Bet That Herbalife Stock Would Plummet

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Business Insider

Bill Ackman has given his critics something else to gripe about

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The Hill

Congress should not allow special interests to drive regulatory policy

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The Street

Activist Investor Ackman’s Herbalife Tactics a Poison for the Hedge Fund Industry?

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Forbes

Ackman’s Assault On Herbalife Risks More Hedge Fund Regulation

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Clash Daily

Wall Street Titan: Declares War on Herbalife. Maybe he Should Get A Life Instead

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Human Events

Battle of the Titans: Hedge Fund Guru Bill Ackman v. Health Shake Giant Herbalife

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Fortune

Herbalife activist investor Bill Ackman’s unprecedented catalytic crusade

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Against Crony Capitalism

Billionaire Bill Ackman’s play: Politics for profit

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Patriot Update

Hedge Fund Uses Political Connections to Make Its Short Sale of Herbalife Stock Profitable?

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The Washington Examiner

Billionaire Bill Ackman’s play: Politics for profit

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Fox Business

Herbalife Launches Second Attack on Bill Ackman

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Fortune

Bill Ackman’s holy war

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Bill Ackman's Herbalife short is backfiring — again
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USA Today

Bill Ackman’s Herbalife short is backfiring again

It was little more than two months ago, in early January, when hedge fund honcho Bill Ackman was on top of the world. His hedge fund, Pershing Square Capital, was crowned the top fund of 2014 after posting gains over 40%, well above the industry average of closer to 2%.  What’s ...
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San Francisco Chronicle

Here’s How Activist Investor William Ackman Got it Wrong

The first question directed at William Ackman was both fairly simple and also impossibly complicated: What exactly is your business? “Harvesting souls,” Ackman said, as the crowd at Stanford Law School chuckled. Ackman, along with Carl Icahn and Daniel Loeb, is probably one of the ...
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NY Times

Bruised, Herbalife Swings Back at an Accuser

This Wall Street brawl began with a billion-dollar bet. Then William A. Ackman, the investor who landed the first blow with his bet againstHerbalife, escalated the fight. He called the multibillion-dollar nutritional supplements company a “pyramid scheme,” likening its practices to those of ...
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Bloomberg

Herbalife Unveils Website Ripping into Bill Ackman

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Shareholder Activism is Okay, As Long as It's Honest
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Investor's Business Daily

Shareholder Activism Is Ok, As Long As It’s Honest

Also, Pershing and various outside groups have pressured federal, state and local governments to investigate Herbalife. Press reports cropped up this spring that the FBI is investigating potentially illegal payments to individuals in exchange for false public statements designed to drive down ...
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William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management LP, speaks during a television interview at the Robin Hood Investors Conference in New York, U.S., on Friday, Nov. 22, 2013. The activist investor said he will take his Herbalife Ltd. bet to the end of the earth even as losing as much as $500 million on the investment. Photographer: Peter Foley/Bloomberg via Getty Images
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Townhall

Cronyism in the “Short Sale” Market

In the classic 1976 movie “Network,” there is a famous scene where a character played by the late Peter Finch shouts, “I’m mad as hell and I’m not gonna take it anymore!” I feel that same sentiment is growing throughout America, as the cost of our debt and regulatory state has ...
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Stock Market Manipulation
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Capitol Gamed

Stock Market Manipulation

William Ackman Ackman is best known for his activist investing tactics – making huge bets against established companies to manipulate their stock prices. In December 2012, Ackman announced a $1 billion bet against Herbalife, a publicly traded, 35-year-old global nutrition company. If the ...
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Shut Down Investors like Bill Ackman using Influence to Undermine the Short Sale Market
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The Daily Caller

Shut Down Investors Using Influence To Undermine Trust In Government

As recently as a few years ago, there were Democratic politicians throughout the Deep South at both the federal and statewide levels. Today, this is no longer the case. The dearth of elected Democrats coincides with increased distrust in government. Because I spent most of my adult life as an ...
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The Scorpion and the Frog: A Tale of Modern Capitalism
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Forbes

The Scorpion and the Frog: A Tale of Modern Capitalism

“A scorpion asks a frog to carry him over a river. The frog is afraid of being stung, but the scorpion argues that if it did so, both would sink and the scorpion would drown. The frog then agrees, but midway across the river the scorpion does indeed sting the frog, dooming them both. When asked ...
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Congress Should Launch Bipartisan Investigation into the Short Sale Market
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Roll Call

Congress Should Launch Bipartisan Investigation of ‘Short-Sale’ Market – Commentary

During his Oscar-nominated cameo in "A History of Violence," William Hurt declares ominously to the brother he is about to have murdered, "You cost me ... you cost me a helluva lot!" In a much broader sense, and in the real world, the rise of the Regulatory State has cost us a lot; a helluva lot, ...
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Bill Ackman's Bet on Herbalife - A New Breed of Investor
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The Hill

A New Breed of Investor

In a financial climate already full of risk, there's a new type of investor raising questions both on Wall Street and in Washington, D.C.: an "activist" investor whose profit depends not on the success of a company he targets but on its destruction. For decades, investors have engaged in short ...
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Smarter Analyst

Herbalife Fued with Bill Ackman Continues

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HALFTIME REPORT- Pictured: Bill Ackman, Pershing Square Capital Management CEO and Portfolio Manager, in an interview at the 20th Annual Sohn Investment Conference in New York City on May 4, 2015. -- (Photo by: Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images)
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Wall Street Journal

Ackman Report on Herbalife in China Figures in Probe

When billionaire investor William Ackman organized a widely publicized conference call a year ago, he said it would prove that Herbalife Ltd. was operating a pyramid scheme in China in violation of local laws. The March 2014 event was another jab in the long-running fight between the two sides, ...
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Investor Place

HLF: Why Bill Ackman’s Henchmen Are Under Investigation

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Herbalife fights critics with TV ads, downtown L.A. rally
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LA Times

Herbalife fights critics with TV ads, downtown L.A. rally

Amid relentless attacks on its business model, Los Angeles nutritional products company Herbalife Ltd. is firing back at its critics with its first Southern California television advertisements in more than a decade. With a big rally in downtown Los Angeles, the company kicked off a massive ...
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Fortune

The FBI looking into possible Herbalife stock manipulation

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LA Times

Ackman confirms federal subpoena of contractor he hired to attack Herbalife

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Bill Ackman's Interview with Bloomberg Regarding Herbalife
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Guru Focus

Bill Ackman’s Interview with Bloomberg Regarding Herbalife

STEPHANIE RUHLE: Bill Ackman (Trades, Portfolio) of Pershing Square is on the phone with us. Bill, I want to start with you, on the record, let's just make it clear, have you, your firm, or anyone you currently or HAVE previously employed been contacted or subpoenaed by the justice department or ...
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Ackman Says FBI Hasn't Contacted Anyone at Pershing
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Bloomberg

Ackman Says FBI Hasn’t Contacted Anyone at Pershing

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, talks about reports the firm is being investigated by the government for potential manipulation of Herbalife Ltd. stock. Ackman speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers," ...
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Prosecutors Interview People Tied to Ackman in Probe of Potential Herbalife Manipulation
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Wall Street Journal

Prosecutors Interview People Tied to Ackman in Probe of Potential Herbalife Manipulation

Federal prosecutors and the Federal Bureau of Investigation are probing potential manipulation of Herbalife Ltd. stock and have interviewed people hired by hedge-fund billionaire William Ackman, who has led a long-running campaign against the nutritional-products company, people familiar with the ...
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REPORT: The FBI is Interviewing People and Asking for Documents About Bill Ackman and Herbalife
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Business Insider

REPORT: The FBI is Interviewing People and Asking for Documents About Bill Ackman and Herbalife

The FBI and federal prosecutors are interviewing people related to hedge fund manager Bill Ackman for potential Herbalife stock manipulation, The Wall Street Journal reports. They've asked for documents related to the stock. Neither Ackman nor his hedge fund, Pershing Square, has been served ...
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American Oligarch: How a Billionaire Uses the Government to Game the Market
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The Hill

American Oligarch: How a Billionaire Uses the Government to Game the Market

Bill Ackman, founder and CEO of Pershing Square Capital Management, is one of America's most successful hedge fund managers. He has amassed a $1.2 billion personal fortune through "activist investing" — a host of savvy financial transactions and calculated risks. But one of Ackman's recent ...
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Congressional Democrats Assist Billionaire Hedge-Fund Manager in Wall Street Feud
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CaliforniaWatchdog.org

Congressional Democrats Assist Billionaire Hedge-Fund Manager in Wall Street Feud

[caption id="attachment_178425" align="alignleft" width="300"] ROGUE SHORT-SELLER: Hedge-fund manager Ackman is trying to achieve through Democrats what he can't in the marketplace.[/caption] Two years ago, billionaire hedge-fund manager William Ackman announced boldly — from a stage in a ...
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Herbalife Comments on Supportive Ruling by United States Court of Appeals for the Ninth Circuit
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Market Watch

Herbalife Comments on Supportive Ruling by United States Court of Appeals for the Ninth Circuit

LOS ANGELES, Jun 02, 2014 (BUSINESS WIRE) -- Herbalife a leading global nutrition company, today commented on the recent ruling by the Ninth Circuit Court of Appeals in its decision in FTC v. BurnLounge, Inc. Herbalife issued the following statement: Today’s decision by the United States ...
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After Big Bet, Hedge Fund Pulls the Levers of Power
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New York Times

After Big Bet, Hedge Fund Pulls the Levers of Power

WASHINGTON — At a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife, offered his latest evidence to a handful of other hedge fund managers about why the company's ...
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Herbalife Shares Jump After Re-Audit of Books
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New York Times

Herbalife Shares Jump After Re-Audit of Books

Updated, 5:06 p.m. | Another day has brought more bad news for William A. Ackman’s bet against Herbalife. The nutritional supplements maker disclosed on Monday that its auditor, PricewaterhouseCoopers, had finished re-auditing its books for its last three fiscal years, as well as for the current ...
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Bill Ackman's Herbalife Nightmare Gets 100 Percent Worse
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Forbes

Bill Ackman’s Herbalife Nightmare Gets 100 Percent Worse

Seven months ago, billionaire hedge fund manager William Ackman stood on a New York City stage at an unorthodox event that he had organized and declared that Herbalife’s stock was going to collapse because the controversial nutritional supplements seller was a pyramid scheme. But Herbalife’s ...
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Why Bill Ackman is Bullish on America's Largest Private Prison Company
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Business Insider

Why Bill Ackman is Bullish on America’s Largest Private Prison Company

Bill Ackman is frequently known for the companies he attacks, but here's one he likes: Corrections Corp of America (CXW). It's the largest manager of private prisons in the country, and jailing convicts is a growth business. MarketFolly got a copy of the presentation he recently gave at the ...
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