Tag: government

Einhorn Shorts "Cool Kid" Bubble Tech Stocks
April 23, 2014 0

Einhorn Shorts "Cool Kid" Bubble Tech Stocks

By News Desk

Greenlight Capital hedge fund manager Einhorn Shorting Tech as ‘Cool Kid’ Stocks Show Bubble . Greenlight Capital Inc., the $10.3 billion hedge-fund firm run by David Einhorn, said it was betting against a group of technology stocks as evidence grows of a bubble.“There is a clear consensus that we are witnessing our second tech bubble in 15 years,†the New York-based firm said in a quarterly letter to clients today. Greenlight said that companies it’s betting against may fall by at least 90 percent “if and when the market reapplies traditional valuations,†according to the letter, a copy of which was obtained by Bloomberg News.

Glen Greenwald Wins Pulitzer Prize for Exposing NSA Spy Scandal; His Reaction on Video; My Reaction: Greenwald and Snowden are Heroes
April 21, 2014 0

Glen Greenwald Wins Pulitzer Prize for Exposing NSA Spy Scandal; His Reaction on Video; My Reaction: Greenwald and Snowden are Heroes

By News Desk

Please consider Glenn Greenwald Reacts To Pulitzer Prize Glenn Greenwald told CNN’s Brian Stelter on Sunday that receiving the Pulitzer Prize for public service was "really gratifying." On Monday, Greenwald and other journalists at The Guardian and The Washington Post were awarded the Pulitzer for their reporting on the National Security Agency. The big question as the awards approached was whether the Pulitzer Prize committee would recognize their work, and they did just that.