Fox Business - The Power to Prosper
Search Site

Political Campaign

Pershing Chief Contributed to Schneiderman AG Campaign

New York State Attorney General Eric Schneiderman launched a probe into whether nutritional-supplement maker Herbalife (NYSE:HLF) is an illegal pyramid scheme after his campaign received tens of thousands of dollars from a hedge fund manager who could reap millions if regulators take action against the company, FOX Business has learned.New York State campaign-contribution documents show that William Ackman, who runs hedge fund Pershing Square Capital Management, has contributed $30,000 to Schneiderman's political campaign since 2010, ranking Ackman among the attorney general's largest individual contributors. For the past year, Ackman has been attacking Herbalife, alleging it is an illegal pyramid scheme and making a $1 billion bet that shares will fall.Convincing regulators like Schneiderman to bring charges against the company could be one way to knock the shares down. Schneiderman, who has been New York State Attorney General since January 2011, holds one of the most powerful office...

Read More

  1. Bias Bash: Media avoid Senator Reid's financial problems

    Jim Pinkerton says there's a double standard in reporting on Democrats, Republicans

  2. House committee releases scathing report on IRS scandal

    Will Lois Lerner be held in contempt?

  3. Sen. Toomey previews Senate's vote on Justice Dept. nominee

    Lawmaker on why Debo Adegbile is unfit to serve

  4. Legal test central to U.S. union challenge of VW plant vote

    A bid by the United Auto Workers union to invalidate the results of an election it lost at a Tennessee Volkswagen plant may hinge on the novel application of a legal...

  5. Varney: Harry Reid is a disgrace

    FBN’s Stuart Varney sounds off on Senator Harry Reid.

  6. Hannity on Biden 2016

    Sean Hannity on whether the vice president is already telling the world with appearances on 'The View' and 'Late Night with Seth Myers' that he's running for president in 2016 and more

  7. Some new stuff out of Benghazi that pertains directly to you

    Talking Points 2/24

  8. UAW appeals Tennessee VW plant election to U.S. labor board

    The United Auto Workers filed an appeal with the U.S. government on Friday, asking it to set aside the results of an election last week where workers at a Tennessee ...

  9. Dems struggle (again) to explain why less work is better

    Democrats' midterm plan means less work for Americans and a Cancer patient's ObamaCare heartbreak goes big in Senate ad. Plus - A look ahead to 2016

  10. Kinky Friedman talks legalizing marijuana, politics on Imus

    Musician Kinky Friedman on the legalization of marijuana and his current political campaign in Texas.

  11. Reviewing the life of Hillary Clinton

    Jonathan Allen and Amie Parnes on their book ‘HRC.’

  12. 10 Tax Traps and Snares to Avoid in 2014

    Taxpayers in 2014 don't have to worry about a lot of tax surprises. The American Taxpayer Relief Act of 2012 enacted on Jan. 2, 2013, made many existing tax laws per...

  1. Reaction to calls for select committee in Benghazi probe

    'Special Report' All-Star Panel weighs in

  2. Grapevine: Congress lagging on hiring of vets?

    Comparison to other federal agencies

  3. Vulnerable Democrats campaigning against Obama's policies

    President seen as obstacle to reelection?

  4. Should Senate Dems share in ObamaCare enthusiasm?

    Will law help or hurt party in November?

  5. Should a fund be set up for GM recall victims?

    National Legal and Policy Center’s Mark Modica and Republican Strategist Jack Burkman on the fallout from the GM recalls.

  6. Christine Jones’ Arizona run for governor

    Arizona GOP gubernatorial candidate Christine Jones on NSA spying, millennials and her political campaign .

  7. Bill Ackman buying political influence against Herbalife?

    Government Accountability Institute President Peter Schweizer on concerns hedge fund manager Bill Ackman has a political lobby against Herbalife.

‹ Prev12345Next ›
Freebase CC-BY
Source: Political Campaign on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL