David Einhorn of Greenlight Capital writing in his quarterly letter to shareholders

Citing

  • GameStop
  • Archegos

and other market developments.

"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".... because there is no cop on the beat, the stock market is just about "completely" broken.

Street Insider have the report, more here ... a good read!

David Einhorn of Greenlight Capital writing in his quarterly letter to shareholders