RE:RE:Million dollar question Bill (H)Ackman, is just there to protect Pershings (his) interests, and get
the best pickins from the corpse - it is more of an indictment of Valeant
that they gave him a Board position - investors should be very nervous
that several of the BOD are "activist" investors - what maybe good for
them may not ultimately be good for the company.
Bills reputation isn't all roses and rainbows, he has pulled this type of
this of implossion in past (Gotham Partners), it is now Bill trying to salvage
his ego more than Valeant - he should have packed up this show ages ago.
His investors while he may say are "sticking by him" are really just along
for the ride unil they can get their money out of his clutches - he is racing
against the clock to pull off something so he can live up to his "legend".