Is Ackman Right? Following the Herbalife Claims

July 7 (Bloomberg) –- We've heard time and time again claims from Bill Ackman that Herbalife is a pyramid scheme, while the company and Carl Ichan say those claims are without merit. In March, the FTC opened an investigation and the Illinois Attorney General has been looking into complaints filed by a group of 13 Latinos who claim they were duped out of their life's savings and Herbalife is to blame. Bloomberg has been looking into those claims to get a sense of what investigators have cut out for them. (Source: Bloomberg)
Zijin Mining to Accelerate Overseas Deals: Chairman
27:31 - Chen Jinghe, chairman of Zijin Mining Group Co., China’s most profitable gold producer, talks about strategy and prices for the metal. Zijin said first-half earnings rose by about 21 percent. Chen speaks in a Bloomberg Television interview. (Translated excerpts. Source: Bloomberg)
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