Einhorn's High Stakes Hedge Fund Greenlight Endures Tough Q3 (Indie Research)

Tuesday October 7, 9:30 am ET By the tickerspy.com Staff For Wall Street's high rollers, big wins can sometimes be punctuated by steep losses. David Einhorn, the head of hedge fund Greenlight Capital (and sometimes a participant in the World Series of Poker), has racked up impressive gains, posting average annualized returns of 25.5% from May 1996 through the middle of 2008, according to New York Times. But September was difficult for the fund, as it was for so many investors. According to Bloomberg, Greenlight was down -12.8% during September and -16.4% year to date. Einhorn said that the recent period has been "extraordinarily difficult." Einhorn was in the news earlier this year for his vocal... [read full story]