Lloyd Blankfein had his Abacus. Jamie Dimon had his Whale. Now John Stumpf, the Mr. Clean of American banking, is getting a scandal of his own.
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… they're quite adept at scaring those shorts away,” Adam Longson, commodity strategist at Morgan Stanley, said in a Bloomberg television interview.
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Says Bill Ackman will suffer. Carl Icahn already owns nearly 20% of Herbalife stock, and he's thinking about buying a lot more—if not all of it.
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… everything and get it out early, because you minimize the damage you'll do by getting it out early,” Rendell told Bloomberg Politics in an interview.
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Lisa Abramowicz is a Bloomberg Gadfly columnist covering the debt markets. She has written about debt markets for Bloomberg News since 2010.
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