Daniels Fund Ethics Initiative hosts screening of ‘Betting on Zero’
The film follows hedge fund titan Bill Ackman’s quest to expose nutrition company Herbalife as a pyramid scheme. Ackman alleges that Herbalife targets low-income and minority communities, robbing them of their life savings with the promise of success as an Herbalife distributor. The film chronicle’s Ackman’s allegations and the response from Herbalife stockholder Carl Icahn, the Latino community activism movement surrounding the controversy and the eventual intervention of the Federal government.
The screening had a fantastic turnout and inspired students to understand the importance of ethical business practices. Stay tuned for future events sponsored by the Daniels Fund Ethics Initiative.