Bill Ackman Will Come out Unscathed When It Comes to Valeant, According to Jim Cramer

Jim Cramer responds to reports of Bank of America's shareholder dinner on Valeant, attended by Bill Ackman.
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According to reports, Bank of America (BAC) - Get Report  hosted a dinner in late June for Valeant (VRX)  shareholders including Bill Ackman. The dinner was a brainstorming session on what can be done at the beleaguered company, and weeks later a reorganization was announced at Valeant. In response to those reports, TheStreet's Jim Cramer said 'Bill Ackman will come out of this totally unscathed.'