Betting on Zero Page #3

Synopsis: Writer/director Ted Braun follows controversial hedge fund titan Bill Ackman as he puts a billion dollars on the line in his crusade to expose Herbalife as the largest pyramid scheme in history.
Genre: Documentary
Director(s): Ted Braun
  1 win & 3 nominations.
 
IMDB:
7.2
Metacritic:
72
NOT RATED
Year:
2016
99 min
301 Views


of the game in our house.

Um, you know,

if you did something wrong,

own up to it.

Just never tell that lie,

you know,

Because you're gonna

lose the trust.

And I think

what we've done here is

We've built an integrity

and a trust

in our organization,

In our people, in our product.

And if I'm the one

out in front,

leading that, okay.

You know,

I'll take that responsibility.

Scott wapner:
John desimone is

sitting here with me.

John, it's good to see you.

John desimone:

Thank you, scott.

Wapner:
At this very moment,

bill ackman and

more than 500 people

Are inside a theater

in midtown manhattan.

Bill's getting ready to give

his latest presentation,

And they're watching

this interview live.

In his words, he's gonna

expose incredible fraud

at herbalife today.

What do you expect?

Uh, we know this mo.

This is not the first time.

As a matter of fact,

this has been 18 months

of always... The guy here...

It's always "the bark

is worse than the bite."

Uh, he's made some

outrageous statements.

He's made 435 accusations

over the last 18 months,

Each one is

the latest and greatest

until it's proven not to be.

First of all, what are you

accusing herbalife of?

Of being a pyramid scheme.

We believe herbalife

is a pyramid scheme.

Explain,

what do you mean by that?

Well,

herbalife sells products,

weight loss products,

Nutritional supplements,

vitamins, things like that,

But what they really sell

and what their distributors

make money from

Is by selling what they call

a business opportunity.

And the business opportunity

is to sell

The business opportunity

to your friends,

Who in turn sell

the business opportunity

to their friends.

You sign up to become

an herbalife distributor,

You spend $55 or $100

to get a starter kit.

And then eventually

you're convinced

to spend $3,000

To buy the minimum amount of

inventory you need to acquire

In order to become

a supervisor.

And you got

a business in a box

that can make you a fortune.

And that's when

you're entitled

to get royalties

From people beneath you

and your so-called downline.

These are the people

you recruit.

William keep:

What generates income

are purchases.

As products are purchased

from herbalife

by those in your downline,

They generate

a commission upline.

So, as you build

your downline,

And you recruit others,

friends, family members,

co-workers,

It's their purchases that

generate your commissions.

The secret is to get

five other people

To do the same thing

every month.

And teach them to get

five other people

To do the same thing

every month.

Before you know it,

not only will you

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Randy Sosin

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Submitted on August 05, 2018

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