Bill Ackman Will Take Whatever Tiny Herbalife Victories He Can Get
By![By ??????? ?????? (http://www.herbalife.ru) [GFDL or CC BY 3.0], via Wikimedia Commons](https://dealbreaker.com/uploads/2016/07/hlf-300x450.jpg)
Whatever you might think of Bill Ackman, you’d have to forgive him for thinking that nothing makes sense vis-à-vis a certain diet-shake company anymore. Board member under indictment in Brazil for embezzlement? Stock goes up. Shareholders sue the company for fraud?Suit dismissed, stock goes up. Federal Trade Commission all but says Ackman’s right about Herbalife being a pyramid scheme and that the company will have to make all of the changes Ackman predicted would bankrupt it? Stock goes waaaayup.
Time and again he’s shown Herbalife to be a no-good pyramid-scheming fraud that’s ripping off the poor and disenfranchised among us, and time and again the Carl Icahns of the world say, “Sounds like a great business model,” andget rewarded for it. So you might also be willing to forgive him for taking any tiny morsel of good news and celebrating it like an Olympic gold medal…
Bill Ackman Will Take Whatever Tiny Herbalife Victories He Can Get
