Posted on 09/08/2013 3:05:17 PM PDT by nickcarraway
of course it is a pyramid scheme
the question is whether it is an illegal pyramid scheme
It seems like Herbalife has been at the fringes of legitimacy for what... 30 years?
Yes, it is a pyramid scheme and Villaraigosa is the perfect person, its all he knows - schemes.
The more important question is ... who is paying Sanchez to go after Herballife?
I’d be more concerned to know whether its products are safe and reliable.
If it were a true pyramid scheme, it would have collapsed long ago.
This is nothing more than a hedge fund taking a short position. I hope the hedge fund gets killed.
A pyramid scheme is when new money is used to pay promises on earlier money.
Here the new money goes into tangible products, with commissions up the chain of sales positions.
On-Line Poker is a bigger risk to your wealth. So is the latest tip from Jim Cramer.
It irks that Ackman can get the government involved in his favor.
If the ingredients come from China or India, beware.
I thought Tony Villar would go back to being a union thug.
The Landmark Amway Case
By Jeffrey A. Babener, esquire
http://www.mlmlegal.com/landmark.html
Commentary on Various Topics covered by the Amway vs FTC ruling of 1979
http://hunza1.tripod.com/amway/1979case.html
"Lose weight now. Ask me how."
The man had to have weighed at least 300 pounds.
Apparently the whores never really retire .. they just switch corners and/or neighborhoods.
Best response at #7
I’d say the story identified one pretty good suspect.
Why not investigate Social Security to see if it is a pyramid scheme?
Of course she won't, she's a MARXIST just like all the rest of them!
Retired radio host Bruce Williams asked the simple question of anyone contemplating such a business - “Can you make a buck selling the product?” If you could do so even though the big money is in recruiting and establishing an empire he was fine with it.
Decades ago in high school I sold Fuller Brush products for a time. I recruited several others but never made anything off of them. It was quite decent money when I put in the time and effort.
Now my youngest brother was involved for a time during the 70s or 80s in a business that had nothing I could discern other than the recruiting component. Pyramids were exceedingly popular back then and took many names and forms. Bruce took calls from people contemplating these and the gullibility shined right through in their voices.
What's your definition of "scheme" and why isn't it a legitimate business venture?
All parties entering into the business know exactly what is required of them...
Would you also consider a person acquiring a McDonald's franchise a victim of a "scheme"?
I don’t know anyone who was selling the product. They are always selling the distributorship.
What an odd comparison.
HL sellers make money only if they get people under them to sell.
There are people who join up just to buy the stuff from themselves, other than getting people to sell for you, you wont make money.
That’s a pyramid.
Vilaraigosa is a schemer.
Pyramid schemes: a scheme in which the people recruit people to pay money to those above them in a hierarchy on the expectation that they will get payments from those below.
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