Hedge-fund manager who nailed the subprime collapse is leveraging investor cash 200x in ‘audacious’ bet
June 09, 2020 at 16:18 PM EDT
A year ago, Hayman Capital Management’s Kyle Bass wrote about “the quiet panic in Hong Kong” and warned of an “impending crisis” in the region. Now, amid mounting unrest, he's putting his clients’ money — and then some — on a bet that the local currency will collapse.