James Fishback, a former analyst at David Einhorn’s Greenlight Capital, admitted sharing confidential information and agreed to pay the hedge fund’s costs to resolve a lawsuit it filed against him bloomberg.com/news/articles/…
Fishback, who went on to found Azoria Capital, acknowledged sharing Greenlight’s information with others on dozens of occasions. He said he would return or delete any Greenlight information in his possession within five business days. He also agreed to pay Greenlight’s legal fees…
According to an agreement filed Wednesday in Manhattan federal court, Fishback, who worked at Greenlight between 2021 and 2023, said he violated the terms of his employment by sending to a personal email account summaries of the fund’s positions and strategies as well as a…
Well well well Fish Head of Macro’s halo has finally slipped. No surprise - Guy is a total snake oil salesman. Imagine costs he is going to have to pay - not sure his share of 47 bps sub advisory fees on $30 m ETF are going to be enough…. Grifters always get caught eventually.…
@EconstratPB the corralito limited the ability of depositor to access their deposits (dollar and peso deposits when peso was tightly pegged to the dollar) ; this is different -- more like a return to the controls in place most of the last 5y I think
@EconstratPB@mark_dow@Brad_Setser It isn't by any means, very different things. Corralito was a 2001 measure that limited Argentines from accessing their bank deposts, as a result of a system-wide dollar bank run.
This is simply an FX market regulation, where you can't buy dollars in the official market and…
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