BOSTON (Reuters) - Hedge fund manager William Ackman , who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 last year on lobbyists to press his case against the company, according to government documents filed in recent weeks.
BOSTON, March 9 (Reuters) - Hedge fund manager William Ackman , who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 last year on lobbyists to press his case against the company, according to government documents filed in recent weeks.
argued that contrarian investors should take a close look at the common stock of Fannie Mae -- not the preferred stock. Bill Ackman subsequently bought Fannie Mae's common stock and, just recently, noted bank analyst Dick Bove of Rafferty Capital Markets
By David Sims : On February 23rd , Bill Ackman , Pershing Square fund manager, said "he sees a huge upside on the [Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC
the Raven: This will likely be the last time I update readers on the Herbalife ( HLF ) situation until after March 11th. Bill Ackman , who in a cool, calm and collected fashion tirelessly continues his thesis that the company is fundamentally a pyramid scheme
BOSTON, Feb 28 (Reuters) - Billionaire investor William Ackman , who has long claimed Herbalife Ltd is a fraud, on Friday said he would provide proof next month that the nutrition and weight-loss...
investor expectations change. J.C. Penney ( JCP ), the struggling department store chain pushed into public spotlight by Bill Ackman , founder and Chief Executive Officer of Pershing Square, delivered what most people thought was impossible or least unlikely
There is clearly a lot of controversy in the multi level marketing industry these days. With Bill Ackman and Herbalife ( HLF ) continuing to spar, there is another interesting story developing in the direct selling industry at
transcript included a rather bizarre ad hominem attack against Mr. Bill Ackman of Pershing Square. More on that later. But first. Herbalife ..... following assertion from Herbalife's CEO Michael Johnson: Bill Ackman is a "Wall Street Gambler" who has made a "reckless
BOSTON (Reuters) - Herbalife executives will meet with U.S. lawmakers' staffs in Washington on Friday to explain the business model of the nutrition company that has been fending off accusations by billionaire investor William Ackman that it is running a pyramid scheme.