A.M. Best Upgrades Ratings of Greenlight Reinsurance, Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Greenlight
David Einhorn calls on Microsoft CEO to step down
David Einhorn of Greenlight Capital has a knack for making news at the Ira Sohn Investment Conference. Recall that he famously and correctly predicted the implosion of Lehman Brothers at the
Hedge fund "idea dinner" investigation dropped
Now hear this hedge fund managers: It's okay to dine with your peers and talk about business ideas. This sort of socialization was suspect in the aftermath of an "idea dinner" attended by people who
Hedge funds make massive bets on gold
Are hedge funds (hedge fund news) about to get snookered in the gold market? They are certainly not afraid to load up and hold. Gold is John Paulson's (John Paulson news) largest single position. His
Hedge funds bet against central banks
When you're convinced the central banks don't really have a grip on a global crisis, what do you do? You buy gold. Which is exactly what the likes of David Einhorn, of Greenlight Capital, is doing,
Ackman tries a new tack
The world knows William Ackman as one of several big-name fund managers who bet against top financial institutions. He's got some new long investments now, notably Wachovia and AIG, reports
David Einhorn taking some hard lumps
David Einhorn's stature soared when he laid a spectacularly winning short bet on Lehman Brothers--in full view of the world. But that glow has faded. Fortune notes that Einhorn's firm, Greenlight
How to grapple with short sellers?
Short sellers, who seemed so out-of-favor just a few years ago, have had a great run recently. There have certainly been plenty of targets. The Financial Times raises a timely issue: how do you deal
David vs. Lehman
One commentator is quite sure that David Einhorn of Greenlight Capital has covered his shor Lehman Brothers positions. The question is whether he is now long?
David Einhorn: Wall Street rock star
The head of Greenlight Capital just been given the New York magazine treatment,which solidifies his rock-star status on Wall Street. David Einhorn should be careful. Fame is fleeting. This is a good
Latest Commentary