{"id":33466,"date":"2013-01-17T07:25:57","date_gmt":"2013-01-17T12:25:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33466"},"modified":"2013-01-17T07:25:57","modified_gmt":"2013-01-17T12:25:57","slug":"herbalife-hedge-fund-porn-part-ii","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2013\/herbalife-hedge-fund-porn-part-ii.html","title":{"rendered":"Herbalife: Hedge Fund Porn, Part II"},"content":{"rendered":"<p>Seeking Alpha &#8211; The first part of the Herbalife (HLF) action arose in December when billionaire Bill Ackman announced a 20 million share short position. Bronte Capital&#8217;s John Hempton first coined the phrase &#8220;hedge fund porn&#8221; when describing the Ackman accusations against Herbalife. Ackman of Pershing Square Capital has made a case for why he is short Herbalife and why the company is a pyramid scheme. Ackman&#8217;s short comes after David Einhorn of Greenlight Capital questioned the company&#8217;s business model in early 2012. T2 Partner&#8217;s Whitney Tilson has also gone on public record as backing Bill Ackman, stating he has a short position in Herbalife (check out Ackman&#8217;s top picks).<\/p>\n<p>Part two came earlier this month when the company made an attempt to rebut Ackman&#8217;s claims. At the same time, Dan Loeb of Third Point has taken an opposite position as Ackman &#8211; taking an 8% stake in Herbalife. The New York.<\/p>\n<p><a href=\"http:\/\/seekingalpha.com\/article\/1115941-herbalife-hedge-fund-porn-part-ii\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seeking Alpha &#8211; The first part of the Herbalife (HLF) action arose in December when billionaire Bill Ackman announced a 20 million share short position. Bronte Capital&#8217;s John Hempton first coined the phrase &#8220;hedge fund porn&#8221; when describing the Ackman [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33466","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33466"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33466\/revisions"}],"predecessor-version":[{"id":33468,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33466\/revisions\/33468"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}