Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September

(Reuters) Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America’s most prominent hedge funds. The three men were among the first to tabulate their monthly performance numbers and their losses suggest that even bigger declines will be reported by other hedge funds in the days ahead.

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