# Professor Aswath Damodaran weighs in on the controversy at Valeant Pharmaceuticals

1 Faculty News March 21, 2016 ![BBC News logo](/sites/default/files/styles/246w/public/assets/images/con_030504.jpg?itok=xD3gBRnr)>

Excerpt from [BBC News](http://www.bbc.com/news/business-35862782) -- "'\[Mr Ackman\] has put his credibility on the line and it could make or break him,' [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) a professor of finance at New York University, told the BBC. 'The markets are going to decide \[Valeant's\] value- his words could initially stem the problem, but they don't mean as much now,' said Mr Damodaran."

[Read more](http://www.bbc.com/news/business-35862782)