22
October
Greenlight's Einhorn holds gold, slams US policies
22 October 2009 Reuters
David Einhorn, the hedge fund manager who had warned on Lehman Brothers' precarious finances, on Monday said he is buying gold and betting that interest rates will rise as he lambasted the U.S. government's financial chiefs for short-sighted policy decisions.
The exploding size of the national deficit, which reflects government policies that have simply rewarded bad behavior with massive bailouts, will make gold and gold stocks as well as call options on higher rates good investments, said Einhorn.
http://www.reuters.com/article/asianCurrencyNews/idUSN1928788520091019
