Thursday, January 30, 2014
Senators for billionaires: Edward Markey edition
A year later and Bill Ackman has managed to get a Senator to help him. Edward Markey (Democrat, Massachusetts) famously raised "the Herbalife issue". It whacked the stock.
I confess I might have been wrong.
Actually with respect to Markey I am wrong.
There are TWO versions of the Herbalife letter. One is from Bill Ackman's website.
Here is a picture:
You will note that it is dated January 22, 2014.
And one from Edward Markey's website:
It is dated January 23, 2014.
I would normally comment no further, but I can't help myself. You see the version the New York Post carried under the Michelle Celarier's byline is the Ackman version.
I gather the Kennedy Family consider themselves the rightful heir to Markey's seat. [It is the Kennedy's traditional seat.]
It can't hurt their cause that Markey is demonstrated to be the tool of billionaire Wall Street types.
PS. Hat tip http://twitter.com/TheSkeptic21
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