Description: Michael Pearson and his company, Valeant Pharmaceuticals International Inc., were supposed to calm Wall Street doubters on Tuesday. Instead: chaos.
Source: Bloomberg.com – video report
Date: Mar 15, 2016
Questions for Discussions:
- Summarize the reasons for Valeant’s share value collapse, according to the report.
- Do you think it has collapsed completely and offers no future value to investors?