Michael Burry Warns of Another Fed Failure
11/08/2010 10:55:00 AM | via @Dvolatility |
Must read from 11/5/2010: Bernanke Will Fail in Bid to Use `Poison as Cure,' Ex-Fund Head Michael Burry Says - Bloomberg.com. Burry ran hedge fund Scion Capital from 2000-2009. He was the one who sold short billions of subprime mortgage CDOs using credit default swaps at his home office in California. He was featured on 60 Minutes in March. He is long gold and farmland. Read the article.