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Bill Ackman Stands Firm, Noting, "Enron Also Had Audited Financial Statements"
Wednesday, December 18, 2013 - 10:38am | 560In late December 2012, hedge fund manager, Bill Ackman gave a 342 slide presentation explaining why he thought MLM company, Herbalife (NYSE: HLF), was an illegal pyramid scheme and why he had taken at least a 20 million share short position. Despite losing as much as $500 million over the past...