Wall Street is full of wolves and ne’er-do-wells, though not everyone’s there to cheat their way into riches. Over time the ones acting subversively will reveal themselves, though. Like Kyle Bass has.
Kyle Bass had a very promising initial foray into the market. People immediately took notice of him when successfully he was able to predict that America would experience extreme economic loss due to the sub-prime lending market. Since this prediction he seems to have lost the touch, however. In fact, sources indicate that his media appearances seem to have some relationship to his hedge fund. The more he appears, the poorer the fund does.
This could be a driving factor behind some of his more unsavory practices, among them CAD. CAD is an acronym representing the Coalition for Affordable Drugs. This coalition goes about filing lawsuits and circulating petitions. They’ll use any means they can make work for them to force big-ticket pharmaceutical companies into lowering the prices they sell medicine for. Ostensibly this is a humanitarian effort, but on the back-end it becomes anything but. See, beyond restricting research and development such companies would otherwise commit to, had they the proper financial substrate, CAD ends up lowering the value of such pharmaceuticals’ stock. Kyle Bass short sells his holdings at that point and skips away with millions.
This has all the earmarks of economic assassination and destabilization. Since Kyle Bass is also closely involved with socialist despot Cristina Fernandez de Kirchner, who currently presides over Bass’ home Argentina, it seems very likely some such aim undergirds Bass’ actions. Cristina Fernandez de Kirchner has managed Argentina so poorly that the country has fallen into economic default twice during the last thirteen years. One would expect an honest financier to be critical of her financial decisions; or at least knowledgeable as to their source. Kyle Bass seems to have neither sentiment. Despite making it big by noticing the same sorts of practices in America, Bass only praises de Kirchner.
Right now Kyle Bass is still in the business of making regular media appearances. The thing is, with a faulty hedge fund, controversial socialist ties, and shady investment practices vis-a-vis CAD, suspicion seems to be Kyle’s middle name. It’s not beyond expectation to suppose he may, in fact, be using his media platform as a means of deceiving the mainstream. Whether or not this is the case, Bass requires close attention and consideration, rather than immediate acceptance. It’s just possible he has ulterior motives.