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Mixed Feelings | 191 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Boise/Shiller
Authored by: tiger99 on Tuesday, January 08 2013 @ 01:44 PM EST
I agree, although I wish it were a nicer legal firm who were doing this. I have known several people who were involved in selling what we nicknamed "Herbal Death", and from what I observed of their behaviour it is both a pyramid scheme and a cult, the way their recent recruits talk showing signs of cult-type brtainwashing. Not so sure that it is a Ponzi scheme, as I don't have visibility of where the money goes.

They are a truly obnoxious organisation, and their operation would seem to be illegal in several countries, including the UK, but the authorities here seem very reluctant to take action. I for one would like to see the world rid of this particular organisation.

The sad thing is that people buy their grossly over-priced products, thinking they are getting value for money, while all they are doing is financing a massively inefficient distribution system. The same stuff in the supermarket would be about 20% of the price, or less. But we have seen this behaviour before in other fields too, where people are queuing up to buy very ordinary things at ripoff prices, e.g. Starbucks coffee. I could mention M$ or Apple, or certain car manufacturers.....

[ Reply to This | Parent | # ]

  • Boise/Shiller - Authored by: MDT on Tuesday, January 08 2013 @ 02:26 PM EST
    • Boise/Shiller - Authored by: Anonymous on Tuesday, January 08 2013 @ 04:30 PM EST
    • Boise/Shiller - Authored by: Anonymous on Wednesday, January 09 2013 @ 04:52 AM EST
      • Boise/Shiller - Authored by: PJ on Wednesday, January 09 2013 @ 06:54 AM EST
        • Boise/Shiller - Authored by: PJ on Wednesday, January 09 2013 @ 08:41 AM EST
Boise/Shiller
Authored by: Anonymous on Tuesday, January 08 2013 @ 03:27 PM EST
Herbalife has been in trouble more than not for their entire existence. For
years they fought with the FDA over a variety of unsubstantiated health claims
they published in their sales literature. Then it was the exorbitant cost for a
membership, much of which went to the recruiter or their sponsor. They have
always been at the very edge of lawful behavior, and are frequently accused of
crossing the line. I won't associate with them or any of their
representatives.

[ Reply to This | Parent | # ]

Suppose allegations from BOTH sides are true?
Authored by: Anonymous on Tuesday, January 08 2013 @ 03:44 PM EST
Then what??? We have someone manipulating the stock price of a
pyramid scheme.....can we send them all to the same barb-wire farm?

[ Reply to This | Parent | # ]

Mixed Feelings
Authored by: Anonymous on Tuesday, January 08 2013 @ 05:17 PM EST

First, I strongly suspect that this is market manipulation. It sure looks like
it,
from the information in the article. So, yes, hiring a good lawyer and going
after the manipulator is a good plan.

Second, HerbaLife products are useless, and should be avoided. I know a
lot of people who've been taken in by the advertising, and wasted money
on useless junk.

So I've got mixed feelings about this. It is a loose/loose situation for the
consumer.

Wayne
http://madhatter.ca


[ Reply to This | Parent | # ]

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