| 11. | Ackman pointed out, however, that delinquent loans hit $ 88 million on March 31.
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| 12. | The seven nominees, including Ackman and his partner, Paul Hilal, were then elected.
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| 13. | In his statement, Ackman stated:
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| 14. | Having thought that Ackman was dead he is shocked to find him out and killing again.
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| 15. | Ackman bought CDS against MBIA corporate debt as a way to bet that it would crash.
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| 16. | Carl Icahn called him up afterwards to congratulate Ackman on winning and wanted to be friends.
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| 17. | In 2003 a feud developed between Bill Ackman and Carl Icahn over a deal involving Hallwood Realty.
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| 18. | Ackman stated he is not day trading the stock, and is in for the long term.
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| 19. | Herbalife also countered that Ackman based his accusations on a misunderstanding of the company's distributor base.
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| 20. | Ackman bought credit default swaps against MBIA corporate debt as a way to bet that it would crash.
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