Looks as though Ackman is trying to get his quarterly numbers up on paper again........
Leave it up to him to push the supposed 'ponzi scheme' issue with some consumer group and a piece of garbage lawyer who lives in Florida, but practices in Manhattan. He's already done it once. Now he is getting desperate as two of his bets are eroding underneath him (JCP).
I personally believe since Icahn is buying up shares in the low $40's that he is trying to plant this young hedge fund manager in the ground as quickly as possible. I don't think for a minute that he will allow him to post a decent quarter (on paper) with some garbage as he originally did with Herbalife and claiming on television that it was essentially a scam. I believe he is trying to ruin Ackman by having his fund report bad numbers which in turn will force a run (of sorts) by his clientele. This is also why we have not heard anything else out of him lately as he has realized that Icahn's pride will not tolerate a tongue lashing on television.
Icahn gives two bananas about this company. He is only interested in trying to make Ackman take a substantial lose on it. Icahn should announce something no later than the end of this month if he is in fact trying to force a massive amount of withdrawals from Ackman's hedge fund and essentially begin the breaking process of this arrogant person.