walkitout (walkitout) wrote,
walkitout
walkitout

Comeuppance

Here's a link to coverage in the Washington Post, because I don't like the WSJ:

http://www.washingtonpost.com/business/industries/uk-watchdog-slaps-11-million-insider-trading-fine-on-david-einhorns-greenlight-capital/2012/01/25/gIQAdYBcQQ_story.html

Einhorn shows up on financial news channels with some frequency, generally saying something labeled "contrarian", and I have him filed under "possibly helping out his own short positions" as well as, "hey, bloomberg, this guy does not need access to your megaphone".

This is the kind of thing that makes me feel like watching financial news is really no better morally (at least for me) than watching a soap opera.
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