09 juin 2008, 0h00
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The spat between hedge fund manager David Einhorn and Erin Callan, Lehman Brothers’ CFO, has again turned the spotlight on short-sellers. Investors benefit from having negative investment views to consider as well as positive ones. Provided they - along with other investors - play by the rules, short-sellers like Einhorn, founder of Greenlight Capital, shouldn’t be vilified.
Even Dick Fuld, Callan’s seasoned boss, is sounding a bit defensive about shorts. With Lehman’s stock under significant p...
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