Jan
02
Dealbreaker 2016: The Year In Bill Ackman
By
It was the best of times: The FTC called Herbalife a pyramid scheme without actually using those words. The Herbalife movie. Burritos. Fancy new Hell’s Kitchen digs.
But mostly, for Bill Ackman, Pershing Square Asset Management and its investors, it was the worst of times: The FTC called Herbalife a pyramid scheme without actually using those words. Valeant. Swingeing losses (mostly Valeant-related). Valeant. Having to skip the Sohn Conference (because of Valeant). Valeant. Charlie Munger throwing shade (about Valeant). Valeant. The on-and-off friendship with Carl Icahn going decidedly off once again. Valeant. Divorce. Valeant. Valeant. Valeant…
Dealbreaker 2016: The Year In Bill Ackman
