Bill Ackman Invested in Oreo Cookies while Trying to Destroy a Healthy Food Company Herbalife

Bill Ackman invests in Oreos while trying to destroy health foods company

Bill Ackman, the hedge fund manager who has for years been in a battle to destroy health foods company Herbalife, has recently invested in more than 99 million shares of Mondelez International, the company that make Oreo cookies and a number of other “junk” food products. Pershing Square Capital Management, Ackman firm, has invested one billion dollars in a short position in the stock of Herbalife, and since 2012, has worked tirelessly to convince the world Herbalife is running a scam in the sale of its health and diet related products.

But even worse, Ackman is using crony capitalism in his effort to take down Herbalife for his own financial benefit. In announcing his public short on the stock of Herbalife on Dec. 13, 2012, Ackman placed a bet on that stock declining in value. After a…

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