Kyle Bass Gives BBC Econ 101 Lesson — Reader Tom C sent this link from an interview by Sarah Montague of BBC’s HARDTalk of Kyle Bass, the Texan who founded Hayman Capital Partners, a hedge fund that made a mint short selling mortgage bonds during the subprime disaster and, more recently, bonds issued by the government of Greece.
Ms. Montague implied he was profiting from the suffering of others. Bass replied that he was looking out for his investors and that blaming him for the fiscal implosion of governments and financial institutions is akin to blaming the mirror for one being ugly.
Here is the interview. It is worth watching.
Tom also sent this link from FrontPageMag.Com regarding the on-going persecution of Christians throughout the Muslim world. It’s not something you’d see in the Inquirer.
Thanks Tom.