Will Swaim

Contributor

Will Swaim is a reporter for Watchdog.org, a national network of investigative reporters covering waste, fraud and abuse in government. Watchdog.org is a project of the nonprofit Franklin Center for Government & Public Integrity.

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    Congressional Democrats Assist Billionaire Hedge-Fund Manager in Wall Street Feud

    Josh Kaib
    Two years ago, billionaire hedge-fund manager William Ackman announced boldly — from a stage in a Manhattan conference center — that his Pershing Square Capital Management had taken a $1 billion short position on publicly traded Herbalife, the Los Angeles-based maker of nutrition products. He was, in other words, betting that Herbalife would fail. Hoping…
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