Shorting a Rainbow
A must-read by Sheelah Kolhatkar. An activist hedge fund thought it had the perfect target by shorting Herbalife, a company accused of being a pyramid scheme that preyed on poor people. It turned into all-out war between investors and the company.
Author:
Source:
The New Yorker
Published: Mar 6, 2017
Length: 37 minutes (9,364 words)