It seems that Invoice Ackman and Pershing Sq. have discovered some accounting methods from their frenemies at Valeant. WallStCynic , John Hempton & AZ Worth have accomplished wonderful work on the topic, and much of this work focuses on a troubling sample of opacity in Valeant’s numbers in addition to inadequate disclosure Based on yesterday’s efficiency report released by Pershing Sq. Capital Administration’s publicly traded funding vehicle, I am left questioning simply how opaque PSH:AM’s disclosures are.
Last week, I spoke to a woman who is supposedly planning on opening a biz or franchise there and wanted to debate me going to be part of issues in some way. I thought, YIPPEE!! Nonetheless, she nonetheless had to look into every thing. After studying your article, I might doubt that it’ll pan out, do not assume she had any intention of getting ten employees. We’ll see. I remain hopefully, but it surely’s onerous to type with my fingers crossed.
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