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HWC 310 Documentary Notes

by: Dana Mass

HWC 310 Documentary Notes HWC 310

Dana Mass
Stony Brook U
GPA 3.52

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About this Document

These notes are kind of brief just because we were watching the documentary. These notes go over some facts from the documentary.
Political Economy Social Welfare
Christopher Coverdale
Class Notes
25 ?




Popular in Political Economy Social Welfare

Popular in Social Welfare BASW (SOC WF)

This 1 page Class Notes was uploaded by Dana Mass on Tuesday September 20, 2016. The Class Notes belongs to HWC 310 at Stony Brook University taught by Christopher Coverdale in Fall 2016. Since its upload, it has received 9 views. For similar materials see Political Economy Social Welfare in Social Welfare BASW (SOC WF) at Stony Brook University.

Similar to HWC 310 at Stony Brook U

Popular in Social Welfare BASW (SOC WF)


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Date Created: 09/20/16
Tuesday, September 20, 2016 HWC 310 Class Note on Documentary **Today we met in Port Jefferson to watch the documentary Betting on Zero** Some of the notes I took from the movie: - Herbalife was believed to be a “fake” company - Mark Hughes was the founder in 1980 - In order to sell the product (nutritional supplements), are sold by the people are buying the products to sell. - It is believed that Herbalife is a pyramid scheme and sells a business opportunity that is not beneficial. - Purchases generate commission. - 17% are eligible to earn anything, 48% will only earn about $1,000 a year which is a very low net income. - Herbalife targets the Hispanic community because they think its a way to earn cash fast, and majority are undocumented immigrants just seeking an opportunity. - Some of the individuals who believe in Herbalife and what it can do for them have lost $16,000 or $8,000, sometimes more. - Once the product expires, you lose money because you can no longer sell that item. - Bill Ackman never tried Herbalife but believed it was a pyramid scheme and wanted to have the company go out of business. - There are politician in California that are for the product and back it up. - Starting in 2014, the FBI begins to investigate Herbalife - On July 15, 2016 there was $200 million dollar fine and the company closed with its stock at 9.9% 1


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