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Greenlight Continues to Cut Its Exposure

The hedge fund headed by David Einhorn is still bearish.

In a year of caution, Greenlight has turned even more cautious.According to its third-quarter letter, obtained by Institutional Investor, the value-driven hedge fund firm headed by David Einhorn had cut its net long exposure to a mere 10 percent as of the end of September. Entering the fourth quarter, the firm

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