FierceFinance – David Einhorn, the head of Greenlight Capital, caused quite a stir at the Ira W. Sohn Investment Research Conference last year. He made it known that he was shorting Lehman Brothers, which was trading at $60 at the time. You know the rest of the story.
It’s no surprise that people, including a columnist for the New York Post, were interested in what he had to say at the conference this year. He didn’t deliver the same sort of shocker. Rather, he offered a sober analysis of the Obama Administration’s performance. He basically thinks that the focus on propping up banks hasn’t really done much to the economy as a whole.