Soros Fund Management LLC is withdrawing its money with William Ackman's Pershing Square Capital Management due to performance, according to a person close to the matter. Pershing is in the process of returning the money to Soros, less than $250 million, by early 2014, the person said. [Reuters, earlier: "Bill Ackman has filed a complaint with regulators against George Soros’ family fund and unidentified co-conspirators alleging Soros’ firm broke insider-trading rules by tipping hedge funds"]
Valeant Pharmaceuticals Finds A Weird Way To Kick Bill Ackman When He's Down
Well, maybe not "weird," but certainly painful and right to the jugular.