John Paulson joins Valeant’s board despite heavy losses

Billionaire John Paulson is doubling down on Valeant Pharmaceuticals.The hedge-fund tycoon said Monday he is joining the board of the scandal-ridden pharma giant — despite the fact that he’s lost nearly $2 billion on the company’s shares thus far.The move comes just three months after fellow hedgie Bill Ackman of

John Paulson joins Valeant’s board despite heavy losses

Billionaire John Paulson is doubling down on Valeant Pharmaceuticals.The hedge-fund tycoon said Monday he is joining the board of the scandal-ridden pharma giant — despite the fact that he’s lost nearly $2 billion on the company’s shares thus far.The move comes just three months after fellow hedgie Bill Ackman of

John Paulson joins Valeant’s board despite heavy losses

Billionaire John Paulson is doubling down on Valeant Pharmaceuticals.The hedge-fund tycoon said Monday he is joining the board of the scandal-ridden pharma giant — despite the fact that he’s lost nearly $2 billion on the company’s shares thus far.The move comes just three months after fellow hedgie Bill Ackman of