Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
2021/05/01 11:47 Wind turbine Wind turbine (AP photo) TAIPEI (Taiwan News) As the U.S. grapples at the federal level with how best to respond to cyberattacks from state actors, Texas is moving forward with a bill designed to prevent adversarial nations from getting a purchase on the state’s infrastructure. The Lone Star Infrastructure Protection Act, put forward by Texas State Senator Donna Campbell, was passed by unanimous vote in the Texas Senate on Monday (April 26). If the bill passes in the state house and is signed into law by the governor, it will take effect on Sept. 1. The aim of the bill is to prevent ownership of Texas infrastructure projects by individuals or entities connected to Russia, China, North Korea, and Iran. Ownership attempts by other countries deemed a threat by the governor, in consultation with the Department of Public Safety, can also be denied.
Where to begin?
If you re just now catching up on 2018 politics, take a deep breath. There s a lot to take in.
Here’s a quick recap of Washington’s wild first week of the year: Bannon Bonanza
It started with a preview of Michael Wolff’s “Fire and “Fury. Read More.
Hayman Capital’s founder and CIO Kyle Bass welcomes forensic accountant and Behind the Balance Sheet’s founder Stephen Clapham to break down the accounting irregularities peppered throughout the regulatory filings of China’s biggest tech companies. Sharing insights from his proprietary research report on Alibaba, Baidu, JD.com, Meituan Dianping, and Tencent, Clapham shines a light on the ways these companies are using loopholes in order to inflate profits, hide liabilities, and mask the capitalization of questionable assets. Bass frames Clapham’s findings through the lens of notable balance sheet disasters and downright frauds, and they explore the jurisdictional risk of investing in Chinese companies in general. Lastly, Bass asks Clapham about his latest book, “The Smart Money Method: How to Pick Stocks Like A Hedge Fund Pro”. Filmed on November 18, 2020. Key Learnings: Hidden risks lurk within corporate balance sheets, even those of the world’s largest tech companies.