iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,423 Blog Posts

HAPPENING NOW: Former Valeant Exec Arrested; $VRX Plunges Again

What do the former execs of Valeant and Hillary Clinton have in common?

They’re both going to jail.

At least in the case of the former CEO of Philidor, Andrew Davenport, and a one Gary Tanner from Valeant, the DOJ have found sufficient evidence (perhaps an email or two) to arrest them and formally charge them. God willing, this is the first step towards lethal injection and zeroing out of $VRX.

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No word on whether or not Bill Ackman is sad after these turn of events. The delicious irony in all this is Ackman wanted the DOJ to arrest the execs at his biggest short, $HLF, but instead ended up arresting the one’s from his biggest long.

Talk about being galactically fucked.

This is all due to an elaborate kickback scheme, one that is graciously outlined for us by the clerks at the DOJ this morning.

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2 comments

  1. the_swatter

    not jail, but prison, fed prison to be exact.

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  2. tha pirate

    -and FCX is trading around 13.70 right now! Give me two seats on tha fuckin BAWWWWWD??

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