Elliott's Singer Gives Bernanke A 'D'

Jan 30 2013 | 2:19pm ET

Paul Singer is no fan of Federal Reserve Chairman Ben Bernanke.

At a panel at Morgan Stanley's hedge fund conference in Palm Beach, Fla., yesterday, Discovery Capital Management's Rob Citrone, Goldman Sachs Investment Partners' Ken Ebberts, Fortress Investment Group's Michael Novogratz, Vinik Asset Management's Jeffrey Vinik and the Elliott Management chief were asked to grade Bernanke's performance at the Fed. Four of the panelists gave the Fed chief an "A" or "B."

Singer gave Bernanke a "D," Absolute Return reports.

It is unclear why Singer was so hard on Bernanke; reporters are not allowed at the conference, and AR's Lawrence Delevingne is instead relying on reports from those at the conference.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...