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Transcripts For CNBC Fast Money Halftime Report 20160720

Stopped short of calling them a pyramid scheme, what ackman hoped for. Said it would happen, the stock would go to zero. That language avoided and herbalife tried to frame it as an upbeat resolution for them. Heres what he had to say. They chose 0 negotiate a settlement with the harshest the ftc ever had against a pyramid xwee scheme. Misleading the market about what the ftc ultimately concluded. We think its a nice try, but its the herbalife, shut down by the ftc. They just havent realized it yet. Very harsh words from ackman but he went a step further. Accusing herballife, manipulating its stock, attempting to, planting stories with the media positive early friday morning before the markets open and before this ftc settlement was officially announced. Perhaps, although stopped short of saying it directly, encouraging carl icahn to speak positively and before all the facts were known and before the context, as he sees it, at least, of this, everything short of calling it a pyramid sch

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