Senators For Billionaires: Edward Markey Edition

Long ago I thought that Bill Ackman's thesis on Herbalife was silly. It was "I am a billionaire hedge fund manager and I can get the government to help me."

A year later and Bill Ackman has managed to get a Senator to help him. Edward Markey (Democrat, Massachusetts) famously raised "the Herbalife issue." It whacked the stock.

I confess I might have been wrong.

Actually with respect to Markey I am wrong.

There are TWO versions of the Herbalife letter. One is from Bill Ackman's website.

Here is a picture:
 

 

 

 

You will note that it is dated January 22, 2014.

And one from Edward Markey's website:

It is dated January 23, 2014.

I would normally comment no further, but I can't help myself. You see the version the New York Post carried under the Michelle Celarier's byline is the Ackman version.

I gather the Kennedy Family consider themselves the rightful heir to Markey's seat. [It is the Kennedy's traditional seat.]

It can't hurt their cause that Markey is demonstrated to be the tool of billionaire Wall Street types.

PS. Hat tip http://twitter.com/TheSkeptic21