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David Einhorn, President of Greenlight Capital, speaks at the 6th Annual New York Value Investing Congress in New York City, October 13, 2010. (Mike Segar/Reuters)
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David Einhorn’s iron ore death-blow
SCOTT BARLOW
— The Globe and Mail
Published
Last updated
The world’s hottest hedge fund manager announced a new short position in iron ore that has major implications for the future of the Chinese economy and Canadian equity markets. If iron ore prices are set for a major fall, continued slower growth in China would cripple profit growth for Canadian mining companies.
