David Einhorn Makes It Through Quarterly Letter About 'Breaking Markets' Without Mentioning SPACs
David Einhorn Makes It Through Quarterly Letter About âBreaking Marketsâ Without Mentioning SPACs Maybe because the SPAC cops are the only regulators left on a beat. Author: Maybe because the SPAC cops are the only regulators left on a beat. “For the most part, there is no cop on the beat,” Einhorn wrote. “It’s as if there are no financial fraud prosecutors; companies and managements that are emboldened enough to engage in malfeasance have little to fear….” “From a traditional perspective, the market is fractured and possibly in the process of breaking completely,” h...
Source: dealbreaker.com