Mercatus Center

Ackman Enlists Congress in His Crusade Against Herbalife

November 4, 2014 Debbie Jacobs In the News

Two years ago Bill Ackman announced at a Manhattan business conference that his hedge fund firm Pershing Square Capital Management took a $1 billion short position on the Los Angeles-based nutrition supplements giant Herbalife. In other words, Ackman was betting on the company’s demise. Since then Ackman has not stopped railing about the deceitful practices […]

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Bill Ackman, Herbalife, Mercatus Center, Pershing Square Capital Management, Veronique de Rugy,

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