Sunday, 23 October 2016
Last updated 2 days ago
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.