Bloomberg, Released on 9/11/23
Part 1 (part 2 below)
“I think the banks in the US will lose $200 billion, $250 billion” in the office sector of the commercial real estate market, Hayman Capital Management founder and CIO Kyle Bass says on “Bloomberg Markets. ”
"In the long run you've got the Chinese economy circling the drain. You have the real estate market falling apart."
— Bloomberg Markets (@markets) September 11, 2023
Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.