Comment
Comment by frankc
This might be the most comically wrong piece of journalism I've read in my entire life. Ackman should be given a medal for what he's doing to this snake-oil selling pyramid scheme. He has even disavowed any personal profit from his investment. He hasn't made any secret of what he's doing. Short selling is a hugely important market mechanism that allows these fraudulant companies to be sussed out. If all the lobbying is disgusting to you, be disgusted with the system that requires it, not Ackman for playing the game. You don't think Herbalife is doing the same lobbying? I almost can't believe this article was published in the New York Times and not on a late night infomercial selling false hope to the downtrodden.