1. Bill Ackman's Hedge Fund had a Brutal Month

    Bill Ackman's Hedge Fund had a Brutal Month

    Pershing Square Capital, the $20 billion fund run by activist investor Bill Ackman, got crushed in September.  The fund fell 12.5% during the month. It's now down 12.6% for the first nine months of this year, according to a performance update.  Ackman's returns were largely dragged down by the fund's large stake in Valeant Pharmaceuticals...

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