Elliott's Singer Gives Bernanke A 'D'

Jan 30 2013 | 1:19pm 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: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk Management: The Due Diligence Challenge And Branding Opportunity

Mar 2 2015 | 8:41am ET

The hedge fund firms that make it easier for prospective investors to gain comfort...

 

Editor's Note