Bill Ackman - Why I Am Short Herbalife

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Dec 20, 2012
CNBC sits down with Ackman and asks him the questions everyone wants answers to after the past couple of days.

Note that he claims to own no puts on Herbalife (HLF, Financial).

He is going to donate his profits from shorting this company to charity because he doesn't want to profit from the people who have been duped by this company.