Bill Ackman testified in front of the Senate Special Committee on Aging yesterday, to answer questions about Valeant. His written and verbal testimony tied Valeant to Herbalife, here’s the written statement: http://www.aging.senate.gov/imo/media/doc/SCA_Ackman_4_27_16.pdf (SCA_Ackman_4_27_16) It was a “what’s good for the goose (inflated Valeant drug prices) is good for the gander (high Herbalife, and most other MLMs, prices) stroke of genius. Here’s the video link for the full hearing, the Ackman/Herbalife part starts just past the 2 hour mark: http://www.aging.senate.gov/hearings/valeant-pharmaceuticals-business-model-the-repercussions-for-patients-and-the-health-care-system
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