Does Antonio Villaraigosa's Edelman Gig Conflict with His Herbalife Gig?
Yesterday’s announcement that former L.A. mayor Antonio Villaraigosa would join Edelman to advise clients on public policy was interesting on its own, but one detail made it more so: last month the infamous “nutritional products company” Herbalife also hired him as an adviser.
This fact creates a conflict of interest, because venture capitalist Bill Ackman recently hired Edelman to help publicize his accusations that Herbalife is an illegal pyramid scheme in which the vast majority of paying members lose money.
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