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Greenlight Capital’s David Einhorn is ups","content":"<p>Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s handling of inflation to the U.S. Securities and Exchange Commission’s lack of action on everything from Robinhood toGameStop.</p>\n<p>Einhorn’s complaints regarding the Fed are boilerplate. The Fed has the job of keeping inflation in check, but is now willing to let inflation rise above its long-term target. He doesn’t like the new laissez-faire attitude about rising prices.</p>\n<p>But Einhorn’s harshest words in a letter published Thursday were reserved for the SEC. Its job is to ensure fair trading, but Einhorn writes that it seems to have no interest in investigating spikes in the stock prices of tiny companies or statements from prominent figures such asTesla’sElon Musk and Chamath Palihapitiya that he likens to pouring “jet fuel on the GME squeeze.”</p>\n<p>“There is no cop on the beat,” Einhorn writes. “Companies and managements that are emboldened enough to engage in malfeasance have little to fear.”</p>\n<p>With Greenlight returning just 5.2% in 2020—theS&amp;P 500returned 18%— Einhorn’s rant could seem like sour grapes if the issues he raises weren’t so serious.</p>\n<p>Einhorn calls on Congress to grill absentee regulators instead of interviewing Roaring Kitty.</p>\n<p>It would be a start.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Fund Billionaire Who Shorted Lehman Brothers Says the Fed and SEC Aren’t Doing Their Jobs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge Fund Billionaire Who Shorted Lehman Brothers Says the Fed and SEC Aren’t Doing Their Jobs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 20:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/hedge-fund-billionaire-who-shorted-lehman-brothers-says-the-fed-and-sec-arent-doing-their-jobs-51618576593?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s ...</p>\n\n<a href=\"https://www.barrons.com/articles/hedge-fund-billionaire-who-shorted-lehman-brothers-says-the-fed-and-sec-arent-doing-their-jobs-51618576593?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/hedge-fund-billionaire-who-shorted-lehman-brothers-says-the-fed-and-sec-arent-doing-their-jobs-51618576593?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131521200","content_text":"Stocks arehitting record highs, but not everyone is happy. Greenlight Capital’s David Einhorn is upset, particularly with regulators. He has a long list of gripes, ranging from the Federal Reserve’s handling of inflation to the U.S. Securities and Exchange Commission’s lack of action on everything from Robinhood toGameStop.\nEinhorn’s complaints regarding the Fed are boilerplate. The Fed has the job of keeping inflation in check, but is now willing to let inflation rise above its long-term target. He doesn’t like the new laissez-faire attitude about rising prices.\nBut Einhorn’s harshest words in a letter published Thursday were reserved for the SEC. Its job is to ensure fair trading, but Einhorn writes that it seems to have no interest in investigating spikes in the stock prices of tiny companies or statements from prominent figures such asTesla’sElon Musk and Chamath Palihapitiya that he likens to pouring “jet fuel on the GME squeeze.”\n“There is no cop on the beat,” Einhorn writes. “Companies and managements that are emboldened enough to engage in malfeasance have little to fear.”\nWith Greenlight returning just 5.2% in 2020—theS&P 500returned 18%— Einhorn’s rant could seem like sour grapes if the issues he raises weren’t so serious.\nEinhorn calls on Congress to grill absentee regulators instead of interviewing Roaring Kitty.\nIt would be a start.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/379580860"}