Deutsche Boerse Ex-Chief Seifert Attacks `Locust’ Hedge Funds

April 3 (Bloomberg) — Werner Seifert, who quit as chief executive officer of Deutsche Boerse AG less than a year ago, compares the investors who pushed for his departure to a plague of locusts in a book published today.

Seifert reserves his harshest criticism in “The Invasion of the Locusts” (Econ Verlag, 266 pages) for Christopher Hohn, the manager of TCI Fund Management Ltd. and one of the Deutsche Boerse investors who foiled Seifert’s plan to acquire London Stock Exchange Plc.

“Instead of playing a fair game with us, he didn’t even tell us whether he was playing chess, skat, poker or bridge,” Seifert, now 56, writes. Hohn didn’t immediately return a telephone call seeking comment.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.