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Billion dollar bet on company collapse

The activist hedge fund manager William Ackman bet a billion dollars on the collapse of the nutritional supplement company Herbalife, then launched an extraordinary campaign to hasten that development. http://www.nytimes.com/2014/03/10/business/staking-1-billion-that-herbalife-will-fail-then-ackman-lobbying-to-bring-it-down.html?hp&_r=0

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