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The hedge fund manager who nailed the subprime crisis says China’s problem right now is 4 times as big

February 11, 2016 : Permanent Link

(Business Insider) Kyle Bass, founder and principal of Hayman Capital Management, at the Sohn Investment Conference in New York in 2013.Texan hedge fund manager J. Kyle Bass, the founder of Hayman Capital, has sent his first letter to investors on a global scale in two years.The letter, seen by Business Insider, warns that China has a problem much bigger than the subprime crisis in 2008.Bass was one of the hedge fund managers who correctly predicted and profited from the mortgage crisis in 2008.

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