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The Background:
After being lobbied by William Ackman, who had shorted Herbalife stock and was attempting to sink the stock, Senator Ed Markey started writing letters that resulted in the plunge of the stock.

The Quote:
Ed Markey I take no position on the merits of these allegations, however, out of concern that Herbalife’s business practices may be having a negative impact on my constituents in Massachusetts, I request that you investigate the company’s business practices yourself to confirm that the company is acting in accordance with the consumer protection laws.

The Who & When:
  • Ed Markey, January 23, 2014

  • The Source:
  • Boston Globe

  • See More Pablum From Ed Markey:
    Ed Markey Quotes
    Ed Markey

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