Bill Ackman on Herbalife, Fannie, Air Products
Nov. 22 (Bloomberg) -- Bill Ackman, founder of Pershing Square Capital Management LP, talks about his claim that Herbalife Ltd. is operating an illegal pyramid scheme and his short position on the company's stock. Speaking with Stephanie Ruhle on Bloomberg Television's "Market Makers," Ackman also discusses Pershing's investment in Fannie Mae, Freddie Mac and Air Products & Chemicals Inc.
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Deutsche Bank Faces Deeper Cuts on Profit Surprise
30:33 - Deutsche Bank reported second-quarter profit that suffered from slumping trading revenue and costs related to job cuts. Bloomberg's Eliza Martinuzzi examines the results and what they could mean for other European banks on "Bloomberg ‹GO›." (Source: Bloomberg)