Bass Says China Bank Losses May Top 400% of Subprime Crisis

Bloomberg Bass Says China Bank Losses May Top 400% of Subprime Crisis Bloomberg Kyle Bass, the hedge fund manager who successfully bet against mortgages during the subprime crisis, said China's banking system may see losses of more than four times those suffered by U.S. banks during the last crisis. Should the Chinese banking ... and more »...(read more)

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