Tag

Greenlight Archives - Learn to Trade Options | #1 Options Trading Education

An Option Trader’s Way to Short Moody’s

May 29, 2009

Shares of Moody’s Corp (MCO) fell sharply on Thursday after hedge fund manager David Einhorn, who correctly questioned the health of Lehman Brothers four months before its collapse, disclosed he was shorting the venerable ratings agency. His logic- the parent of Moody’s Investors Service undercut the value of its primary…

Read More
May 29, 2009
Facebook IconYouTube IconTwitter IconFollow Me on Instagram