"Capitalism without bankruptcy is like Christianity without Hell" and other choice comments from the hedge fund manager profiled in Michael Lewis' most recent book, Boomerang.
Bass made a fortune on Greece! First he made untold millions on the housing collapse. Then along came Greece...Kyle bought I nearly on his CDS instruments...estimates are that he made between $15 Billion to $30 Billion+ There is more to be made shorting European debt now. Ultimately his biggest play may be Japan...the worst debt load in the world. Japan wishes they were Greece!
Better program if the host wouldn't talk and let Kyle Bass lose. He's great and she's.... not really showing much intelligence.
ReplyDeleteWow the host is a dope.
ReplyDeletedid he make any money on Greece? Questionable.
ReplyDeleteBass made a fortune on Greece!
ReplyDeleteFirst he made untold millions on the housing collapse.
Then along came Greece...Kyle bought I nearly on his CDS instruments...estimates are that he made between $15 Billion to $30 Billion+
There is more to be made shorting European debt now.
Ultimately his biggest play may be Japan...the worst debt load in the world. Japan wishes they were Greece!