Herbalife Documentary by Herb Greenberg: Selling the American Dream

Herb Greenberg, a stocks commentator for CNBC did a ten-month investigation of multi-level marketing company Herbalife. Its conclusion is this 20 minute documentary, and the timing couldn’t be better. Herbalife has been accused of being a pyramid scheme again, this time by Bill Ackman of Pershing Square. Despite the fact …

Patrick Byrne’s delusions

More delusional talk from Patrick Byrne, CEO of POS Overstock.com. From Herb Greenberg at Marketwatch: Speaking on the Fox Business Channel today to my friend Liz Claman, [Byrne] said: “I think that there’s been an unhealthy collusion developed between certain short sellers and certain journalists. They center around your competitor, …