Hedge Fund Titans Bet Billions On Success Or Failure Of 'Herbalife'

A pair of prominent hedge fund managers have taken opposing positions on the nutritional-supplement company Herbalife. Bill Ackman of Pershing Square Capital Management says the multilevel-marketing company is a pyramid scheme and a bad investment. He's shorting the stock. Dan Loeb of hedge fund Third Point says Herbalife is a good investment. He's taken an 8.2 percent stake in the company and is betting that its shares will rise. Melissa Block talks with David Kestenbaum of the Planet Money team.

Source: http://www.npr.org/2013/01/11/169172202/hedge-fund-titans-bet-billions-on-success-or-failure-of-herbalife?ft=1&f=1006

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