Revised since originally posted.
Activist investor David Einhorn talks with The Financial Times in July 2008 about his distressed debt investment strategy in Europe.
Click here to view the video.
Seperately, and more recently, Einhorn has disclosed he has raised his stake in Punch Taverns PLC (PUB), a UK-based pub management company, to over 8% again. Last year, his hedge fund, Greenlight Capital, owned about 12% of the Company before reducing their position to 7.4% just before the New Year.
PUB currently sells at 38.5p, which is down from 750p one year ago, representing a loss of 93% in value. Greenlight's cost basis is around 200p.
Posted by Marko Grassmann in Europe.