According to Valeant, Pearson used those loans for other things, financing charitable contributions, including to Duke University, and helping to fund a community swimming pool, purchasing Valeant shares, and meeting certain tax obligations related to the vesting and payment of Valeant compensatory equity awards. The time of the loan, Valeant share price was around US$206.By the time the trading session closed on Thursday, when Goldman sold, the stock was down to US$78.75 collapsing under the pressure of attacks on its business model and the revelation of its close relationship with a shady specialty pharmacy called Philidor. Sens.
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