After Bill Ackman, activist investor again shot down Herbalife as a Pyramid scheme, comparing it to Bernie Madoff. He was on CNBC's Squawk Box early this AM.
His company had shorted the stock 2 years ago and now with all the investigations and questions, the stock has dropped significantly. It has also been compared to AMWAY, a multi-level marketing company. Ackman made a $2 billion bet that Herbalife would fail.
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