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Einhorn’s Greenlight Fined by U.K. FSA

By Christopher Scinta - 2012-01-25T16:30:00Z

The Financial Services Authority fined David Einhorn, owner of hedge fund Greenlight Capital Inc. and his fund 7.2 million pounds ($11.2 million) for using inside information to trade Punch Taverns Plc (PUB) securities in June 2009, the agency said in an e-mailed statement.

To contact the editor responsible for this story: Christopher Scinta at cscinta@bloomberg.net

Enlarge image

David Einhorn

Peter Foley/Bloomberg

David Einhorn, president of Greenlight Capital Inc.

David Einhorn, president of Greenlight Capital Inc. Photographer: Peter Foley/Bloomberg

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

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Key Rates

Mortgage
Home Equity
Savings
Auto
Credit Cards

Today’s national average mortgage rates. Rates may include points.
Type	Today	1 Mo
30 Year Fixed Jumbo	4.00%	3.95%
30 Year Fixed	3.67%	3.51%
15 Year Fixed	2.80%	2.74%
10 Year Fixed	2.91%	2.97%
30 Year Fixed Refi	3.65%	3.50%
15 Year Fixed Refi	2.80%	2.71%
5/1 ARM	2.60%	2.61%
5/1 ARM Refi	2.60%	2.56%

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Source: Bankrate.com

Today’s average home equity rates nationwide.
Type	Today	1 Mo
$30K HELOC	5.35%	5.24%
$50K HELOC	4.56%	4.60%
$75K HELOC	4.57%	4.54%
$100K HELOC	4.27%	4.27%
$30K Home Equity Loan	5.95%	6.06%
$50K Home Equity Loan	5.97%	6.02%
$75K Home Equity Loan	5.94%	5.98%
$100K Home Equity Loan	5.80%	5.84%

View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type	Today	1 Mo
5 Year CD	1.23%	1.21%
2 Year CD	0.70%	0.66%
1 Year CD	0.57%	0.52%
MMA $10K+	0.47%	0.50%
MMA $50K+	0.69%	0.71%
MMA Savings Jumbo	0.58%	0.60%

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Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type	Today	1 Mo
60 Months Used Car	2.98%	2.94%
48 Months Used Car	2.93%	3.12%
36 Months Used Car	2.87%	2.96%
72 Months New Car	2.43%	2.98%
60 Months New Car	2.53%	2.68%
48 Months New Car	2.44%	2.60%
60 Months Auto Refi	4.16%	4.37%
36 Months Auto Refi	3.61%	3.77%

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Source: Bankrate.com

Today’s average credit card rates nationwide.
Type	Today	1 Mo
Standard Variable	14.12%	14.12%
Standard Fixed	13.23%	13.23%
Gold Variable	12.70%	12.70%
Gold Fixed	11.99%	11.99%
Platinum Variable	15.53%	15.46%
Platinum Fixed	12.70%	12.70%