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Samantha

(9,314 posts)

13. That is not quite true, and I did read his presentation

Reply to taught_me_patience (Reply #10)

Fri Mar 14, 2014, 10:52 PM

Mar 2014

Herbalife products are not sold in stores. In order to acquire them, a customer has to go through a distributor. Some people become distributors because they cannot find one, and they want to order the products for themselves. The company has reported publicly they have a number of people like this, longstanding customers who become distributors. A distributor receives a nice discount from the retail price. And these distributors do not recruit people to be on their team. Others who do sell the product on a retail basis sometimes decide to go it alone. I was one of them.

Sam

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hedge fund manager wants to short Herbalife, gets FTC to probe whether they're a pyramid scheme [View all] yurbud Mar 2014 OP

easy jollyreaper2112 Mar 2014 #1

it shouldn't be is because it's infinitely easier to break something than to make something yurbud Mar 2014 #2

So are there are a lot of examples of this kind of thing happening with other companies? (nt) Nye Bevan Mar 2014 #7

Where have you been? Hassin Bin Sober Mar 2014 #11

how is wall street NOT a casino? pansypoo53219 Mar 2014 #3

I know jollyreaper2112 Mar 2014 #4

and the gamblers mostly have the courtesy not to act morally superior yurbud Mar 2014 #6

Jim Kramer explained the game quite well Oilwellian Mar 2014 #5

I'm not sure how this is being framed so that the scam artists running the pyramid scheme selling LeftyMom Mar 2014 #8

Wow, this is very misleading Samantha Mar 2014 #9

Herbalife appears to be a pyramid scheme taught_me_patience Mar 2014 #10

I did. I don't care if the company lives or dies. My points were that it takes a Wall Street yurbud Mar 2014 #12

Ackman could have just as easily gone after Avon or any number of other companies Samantha Mar 2014 #14

kill something that isn't dying a natural death. yurbud Mar 2014 #15

That is not quite true, and I did read his presentation Samantha Mar 2014 #13

I heard the NPR piece as well and here is what I found really disturbing. pa28 Mar 2014 #16

I missed the bit about Sanchez--not surprising from a corporate Dem though yurbud Mar 2014 #17