Feature | SATURDAY, MAY 12, 2012 Where Beauty Is Skin Deep By BILL ALPERT | MORE ARTICLES BY AUTHOR Shares of health-products marketers Herbalife and Nu Skin have gotten hammered of late. Our analysis suggests there could be more pain to come. Article Comments (3) Why Subscribe? In 2009 the anti-poverty program Grameen America opened an office in Omaha's largely Latino south side, at the invitation of Warren Buffett's family. Grameen had opened its first U.S. branch the year before in New York, making "microloans" of less than $1,500 to women who wanted to start a small business and lift their families above the poverty line. That idea earned a Nobel Peace Prize for the program's pioneer, Muhammad Yunus.
In Omaha and New York, it turns out that many women took their Grameen microloans and joined Herbalife (ticker: HLF) and other multi-level sales organizations as self-employed distributors, ...
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