Journal Hits Back At Greenlight, Dealbreaker

Apr 27 2010 | 2:32am ET

The Wall Street Journal isn’t taking David Einhorn’s slings and arrows lying down.

The newspaper’s senior editor blasted the Greenlight Capital founder, who took the opportunity presented by Greenlight’s first-quarter investor letter to slam the Journal.

Einhorn called a February article about hedge funds betting against the euro “sensationalist” “yellow journalism,” said he was misquoted and accused the Journal of ignoring his demand for a correction. Not so, said Journal senior editor Mike Siconolfi.

“Mr. Einhorn’s complaints, made two months after the fact, are baseless,” he told New York magazine. “The story was thorough and accurate, and we’re mystified by his protestations that the Journal has ignored his complaints about errors in the article.” According to Siconolfi, there have been no such complaints.

Siconolfi didn’t stop with Einhorn, also attacking Dealbreaker, the Wall Street blog that obtained Einhorn’s letter and posted it.

“Meantime, it's clear that dealbreaker.com operates under a much different set of journalistic standards,” he said. “The Web site's employee Bess Levin at no time sought out either the reporter or me for comment before this was published. Had she done so, we would have corrected her misleading assertions. The language in the headline and story is not only factually inaccurate, but personally and professionally offensive. I can assure you, Ms. Levin and Mr. Einhorn, that the Journal is proud of our reporting on this article and the way in which we practice journalism.”


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.