Ackman Defends Valeant, Wall Street Unloads Stocks

As billionaire Bill Ackman spent four hours Friday defending his outsize bet on Valeant Pharmaceuticals International Inc., the rest of Wall Street dismissed his arguments and kept unloading shares of the besieged drug giant. Bloomberg's Cynthia Koons reports on "Bloomberg Markets." (Source: Bloomberg)

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33:08 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Pablo Goldberg, head of emerging markets fixed income research at BlackRock, Neil Dutta, head of U.S. economics at Renaissance Macro Research, and Chad Morganlander, portfolio manager at Washington Crossing Advisors. (Source: Bloomberg)
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