Einhorn Shorting Moody’s, Buying Gold

28 May 2010  CNBC

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Hedge Fund manager David Einhorn said he remains very bearish on the prospects for ratings agency Moody’s.

Speaking at the Ira Sohn Investment Research conference in New York Wednesday, the boss of Greenlight Capital said the ratings agencies short-term approach to its credit assessments will cause problems for Moody’s and its rivals over time.

http://www.cnbc.com/id/37372797