Ackman: Why I Am Shorting Herbalife

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Ackman: Why I Am Shorting Herbalife

In a live interview on CNBC, investor Bill Ackman accuses Herbalife of running an illegal pyramid scheme and says he is shorting the stock, with profits going to charity. Kate Kelly then reports a strong denial from the company.
11:51
Thu, Dec 20 20121:00 PM EST