Ackman had alot of help this was not a one man show. PRISON BOUND
He revealed his position to his friends, they bought PUTs in advance of his CC. This as an orchestrated effort. His attornies failed to tell him one thing, when he takes that huge tax deduction of charitable gift, he "benefits personaly" thats when the hammer comes down on him, he will not be a free man for much longer, a punk like him will probably flee the country first.
Shouting fire in a theater when no fire is there, is a crime. Calling hlf a ponzi scheme and profiting from it when it is not true, i believe is criminal and certsinly not ethnical. Millionaires-pershing sq. Clientele should be ashamed to be assocuated with this einhorn, madoff wannabe. We need some good news. Buffet buying in would do it, hlf mgt. Needs to act before 1/7. hopefully they have a plan. I really believe a buyout could happen from this, there is a ton of cheap money looking for a opportunity. Jmho-bucko
when he takes his profits and gives the money away, he realises a TAX BENEFIT, he uses his gift against his other gains to lower his tax liability, "you can not destroy another company for personal gain" thats LAW.
He thinks giving the money away is not a gain, THINK AGAIN....yes it is, the IRS will consider it a gain he it off sets his other gains.
I dont care If I am the only one who thinks this is true, its not my fault everybody else is not clued into law.
youll see, charges will be filed, he wil not just walk away from this. The only way he walks is if he never touches his position. and leaves it open forever.