Simply and transparently? Or through a complex scheme designed by a hedge fund?
FORTUNE -- After Thursday's Wall Street drama -- in which a media blitz orchestrated by hedge fund billionaire David Einhorn got a rise out of Apple (AAPL) management and a pop in the stock price -- I have a few thoughts about what's going on.
First, I take the company at its word (see statement) that it's got way more MOREPhilip Elmer-DeWitt - Feb 8, 2013 6:35 AM ET
The prospect of a piece of Apple's cash hoard warms Wall Street's cold heart
FORTUNE -- On Thursday morning, Greenlight Capital's David Einhorn -- a billionaire hedge fund manager who controls more than a million shares of Apple (AAPL) -- was all over the cable business news channels promoting his ideas for how the company might reward investors like him with some of the $137 billion in excess cash it has socked away. (See What MOREPhilip Elmer-DeWitt - Feb 7, 2013 4:42 PM ET
When you own a million shares, Apple will take your call. But it may not do your bidding.
FORTUNE -- David Einhorn, the 44-year-old founder of Greenlight Capital and the author of Fooling Some of the People All of the Time, is a complicated guy.
He's a billionaire hedge fund manager who made a killing shorting Lehman Bros. and Allied Capital, finished 18th in the World Series of Poker, almost bought a MOREPhilip Elmer-DeWitt - Feb 7, 2013 12:13 PM ET
A gathering of hedge fund managers in Manhattan sends the share price on a wild ride.
FORTUNE -- See on the chart at right where Apple's (AAPL) share price dropped to just over $540 shortly after 3 p.m. Wednesday?
That corresponds roughly to when the fund manager pictured above left, DoubleLine Capital's Jeffrey Gundlach, told a room packed with investment managers that he was shorting Apple. "I just wonder how many people will MOREPhilip Elmer-DeWitt - May 17, 2012 8:03 AM ET
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