Herbalife CFO Talks New Member Numbers

The transcript discusses Herbalife's financial reporting issues, focusing on revenue dynamics and growth metrics. It highlights the role of Price Waterhouse Cooper in addressing these issues and the impact on management and market reactions. The discussion also covers investment positions, trust issues, and comparisons with historical financial scandals, emphasizing the improved focus and intensity of modern markets.

What are the two main issues discussed regarding Herbalife's financial reporting?

How does the CFO of Herbalife describe the trend in active new member numbers?

What historical context is provided regarding the changes in financial reporting rules?

What challenges does the management face in gaining trust from investors?

In what ways have accounting processes improved over time according to the discussion?