The Valeant Fraud Explained

We just made a video about the Valeant Pharmaceutical scandal. They used improper accounting with one of their subsidiaries to book fake inter-company sales. Hedge fund titan Bill Ackman invested roughly $4 billion into the company of which he lost almost everything. The fraud was uncovered in 2015 by activist short seller Andrew Left.

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Видео The Valeant Fraud Explained канала Wall Street Millennial