Ackman Questions Herbalife, Alleges Pyramid Scheme
Dec. 20 (Bloomberg) -- Bloomberg's Julie Hyman recaps comments from hedge fund manager Bill Ackman alleging that Herbalife Ltd. is a pyramid scheme as he also announced he has shorted the company’s shares. He speaks on Bloomberg Television's "Market Makers."
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Canada Banks See Mortgage Slowdown as Nation Taps Brakes
54:52 - With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, shrinkage. It’s a welcome sign for officials struggling to curb house prices in two of the nation’s largest cities. The easing follows federal government moves in October to tighten mortgage insurance rules and other measures while opening the door to shift risks of defaulting mortgages to banks. Bloomberg's Doug Alexander reports. (Source: Bloomberg)