Valeant – Ackman Emails: We Need More Press Releases; Hempton "certifiably crazy"; Risk Of "Death Spiral" And More!

The Senate did a late Friday night dump of a huge amount of emails related to Valeant Pharmaceuticals (VRX) and its investigations. We are sifting through the documents but wanted to highlight a few in particular we found interesting on the topic, specifically related to Bill Ackman and former Valeant and especially former CEO Michael Pearson and some emails Valeant to Pershing Square including conversations related to Hillary Clinton, John Hempton, how the company is near a death spiral and burning like Rome, and other juicy topics (also we threw in a long email Ackman sent to Charlie Munger). There are some…