A few weeks ago, feuding billionaires Bill Ackman and Carl Icahn had a very nasty fight live on CNBC over Herbalife, a global nutrition company. The saga continued Wednesday evening, with Ackman using his keynote address at the Harbor Investment Conference — which all three business networks have been covering — to continue his assertion that the company is a pyramid scheme.
As proof, Ackman cited a recent interview Charlie Gasparino did with Herbalife president Des Walsh, reading aloud from the FBN transcript. The interesting part: CNBC and Bloomberg were both airing Ackman’s remarks live, meaning that Gasparino’s interview was indirectly touted on the competing networks. Watch: