6 items from 2017
22 March 2017 9:26 AM, PDT | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »
It’s a safe bet that there’ll be a Hollywood dramatization of Ted Braun’s documentary about the machinations of financial titans revolving around Herbalife, the nutrition supplement company that’s been widely condemned as a massive pyramid scheme. Filled with colorful characters easily rivaling those in The Big Short or Showtime’s Billions, Betting on Zero is a well-done if not stylistically distinctive nonfiction effort that nonetheless proves fascinating due to its subject matter.
The film’s ostensible if unlikely hero is Bill Ackman, the CEO of the hedge fund Pershing Square Capital Management. In 2012 he took a $1 billion dollar short on »
- Frank Scheck
17 March 2017 4:48 PM, PDT | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »
For the past four years, hedge-fund billionaires Bill Ackman and Carl Icahn have engaged in an epic battle over the fate of controversial company Herbalife. On one side is Ackman, who took a $1 billion short position on the publicly traded company in 2012, calling it a Ponzi scheme. On the opposite side is Icahn, who stunned Ackman and Wall Street weeks later by investing heavily in the nutritional-supplement company, sparking a Wall Street war for the ages.
The high-stakes drama, which has played out on the business pages, boasts plenty of colorful side characters, including Herbalife CEO Michael Johnson, »
- Tatiana Siegel
Welcome back to the Weekend Warrior, your weekly look at the new movies hitting theaters this weekend, as well as other cool events and things to check out. And if you're into box office and how movies might do, come play some of the box office games at EZ1 Productions including their new Pick 5 game!
This Past Weekend:
As expected, Legendary Pictures’ Kong: Skull Island won the weekend, and honestly, the Weekend Warrior’s original prediction of $61.6 million was pretty darn close to the movie’s opening weekend which ended up at $61 million. (Unfortunately, I chickened out on Thursday because my prediction was so much higher than all others and lowered it to $58 million, which was Still closer to than every other prediction last weekend.) Also, as expected (at least by me), Hugh Jackman’s Logan took a 2nd weekend tumble as has been the case with most X-Men movies, »
- Edward Douglas
“Betting on Zero” is not here to make you a believer. In fact, if there’s anything that Ted Braun’s examination of the meteoric, global rise of Herbalife shows, it’s that belief in other individuals is a dangerous task, whether that person is promising financial windfall, long-term stability or thorough justice. It may not be entirely inspiring, but “Betting on Zero” captures the everyone-for-themselves desperation that would make any wronged individual furious, be they jilted employee or frustrated stockholder.
Ever since the prevalence of Amway, multi-level marketing (Mlm) firms have long been the subject of alternating popularity and concern. Companies that base their economic model on recruitment, rather than the maintenance and consumption of inventory, leave in their wake a bevy of unsatisfied former employees, some of whom are highlighted in the “Betting on Zero” clips used in a popular segment last fall on “Last Week Tonight.”
- Steve Greene
From “Darfur Now” writer/director Ted Braun comes docu-thriller “Betting on Zero” following hedge fund titan Bill Ackman as he puts $1 billion on the line in his crusade to expose Herbalife as the largest pyramid scheme in history. Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately targets low-income and immigrant communities and robs them of their life savings. Distributed by Gunpowder and Sky, the film will hit theaters in major and regional markets on March 17 following National Consumer Protection Week. Also Read: Richard Schickel, Veteran Film Critic. »
- Umberto Gonzalez
“Betting On Zero,” the documentary that has D.C. lobbyists buying tickets to keep people from seeing it just released its thrilling new trailer.
Writer/director Ted Braun (“Darfur Now”) tells the story of controversial hedge fund titan Bill Ackman, an activist investor on a crusade to expose global nutritional giant Herbalife as the largest pyramid scheme in history. Meanwhile, Herbalife executives claim Ackman is a market manipulator out to bankrupt them and make a killing off his billion dollar short.
The trailer plays like a bona fide corporate takedown thriller, pitting Ackman against Herbalife CEO Michael O. Johnson and investor Carl Icahn. It also features interviews with countless people who have lost their life savings. “They took my dreams, my hope to be successful,” says one man interviewed in the film. One woman wipes tears from her eyes before the trailer cuts to Johnson telling a large, smiling crowd: “You, »
- Jude Dry
6 items from 2017
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