Herbalife – Ethics And Pyramid Schemes In The MLM Industry: A Response To DSA President Mariano

Herbalife – Ethics And Pyramid Schemes In The MLM Industry: A Response To DSA President Mariano by William Keep, Seeking Alpha

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Summary

Are we losing the meaning of words in pursuit of a business opportunity?

Churning recruits; low probability, opaque paths to success; and “consumers of the opportunity”.

Trade associations as business ethics enforcers and other fantasies.

Direct Selling Association (DSA) President Mariano’s press release regarding my last...