Greenlight Capital's David Einhorn shorting ratings agencies
| May 29th, 2010 | ||
| The founder of hedge fund manager Greenlight Capital, David Einhorn, said earlier this week at the annual Ira Sohn Investment Research Conference that his firm maintains a short position in Moody's Corp (NYSE:MCO). According to Reuters, Einhorn criticized the ratings agency for continuing to use a limited outlook, 12 to 18 months, when assessing the credit worthiness of countries. He also faulted McGraw-Hill's (NYSE: MHP) Standard & Poor's unit for using the same methodology. David Einhorn also commented on the Greece debt crisis, saying that it could lead to the bursting of a possible sovereign debt bubble. | ||
For Detailed Investor Profiles on these Investors, click below: |
Greenlight Capital |
Related People: Bruce Gutkin;
Related Entities: DME Advisors LP;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles
Add a Comment |
More Recent Headlines
Emerging Markets Specialist Mark Mobius speaks out about shareholder activist responsibilities |
The Donor Watch List of Wealthiest College Graduates identifies high potential targets for fundraisers |
Hedge Fund Job Report: BlueCrest Capital, Argonaut Capital, Finisterre, Grosvenor, & FrontPoint Partners |
Activist Bennett S. LeBow named Chairman of Borders; Gains Approval of Bill Ackman |
Matrix Group launches Pan-Asia Long/Short Equity Fund |
Gulf Spill Puts US Energy Bill on Slippery Slope |
Former Polygon Credit Heads to launch Warwick Capital Partners with $100m+ |
Brevan Howard’s new $200 million Commodities hedge fund opens to new investors |
Top Hedge Funds Highlighted: Shumway Capital, Discovery Capital and Argonaut Capital |
Welcome to Financial Reform Light |
