Looking back on Camulos’ closure and Ron Insana’s unremarkable hedge fund stint

February 21, 2012   Rob Copeland

AR also revisits Kyle Bass’ pronouncements on Europe.

One year ago
»» Texas macro maven Kyle Bass of Hayman Capital Management waxed poetic on global debt woes in his February 2011 letter to investors.

"… My host informed me of an audit recently done on one of the largest hospitals in Athens. This hospital was hemorrhaging Euros, and the Greek government is required to make up the deficit with capital injections. Officials began an inquiry into these losses and found 45 gardeners on staff at the hospital," Bass wrote. "The most interesting fact about the hospital was that it did not have a garden."

Bass has since continued providing colorful macroeconomic analyses, as when in November he postulated that the "Pavlovian...


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