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Cramer: Herbalife Has Too Many Issues

Lindsey Bell:

Yeah.

Jim Cramer:

Now, my experience in these as a reporter, trying to get the government to investigate entities that I feel are corrupt, I think are better than Ackman trying to get them to investigate. What happens is that the government likes to look at the press and say, 'Wow, I've got to get on that because they've got to probe that.' A short seller isn't going to make them swing into action. He's got a terrific site about why Herbalife shouldn't be existing. He said over and over, he's got to protect people from Herbalife. The only issue to that is that the government is a feckless ally.

The government's not going to tell you what it's going to do. The government's not going to play ball with you. The government, whether it be the Justice Department, whether it be the FCC, whether it be the FDIC, are very reluctant to wipe out a company. We know that from Arthur Andersen. The federal government and Justice Department just wishes it had never closed Arthur Andersen, and I think that is the mode that the government operates under, which is don't do to Herbalife what we did to Arthur Andersen. So now it's advantage Herbalife. Does that mean I want to buy Herbalife? Look, I'm just saying it's a battleground, and I don't bet on the Ravens versus the Patriots, but there are various times when I think that there's an advantage and the Patriots, I think, have the advantage, but I'm just going to look at the game. I'm not going to bet, because I don't bet.

Lindsey Bell:

All right. Sounds good. Thanks, Jim.

Jim Cramer:

Thank you.
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