Kyle Bass, Infamous Hedge Fund Manager, Predicts Isolated Chinese Recession

In an April interview with Wall Street Week, Kyle Bass, Founder and Principal of Hayman Capital Management and one-time wunderkind of the hedge-fund industry, discussed his views on the economy, China, the 2016 presidential election, and predicted that in the coming year there was a 40-50% chance of a American minor recession.

On China and whether they were likely to see a recession in the near future, Bass pointed to China’s low Q4 growth, “the lowest in 41 years”. He identified this as a consequence of the tremendous growth the Chinese banking system has had in the last 10 years, and the recent reverse migration from urban to rural areas. Although he predicted the Chinese recession would resemble the aftermath of the 2001 dot-com bubble, he also noted that the country would not see a “Lehman moment”, because of the insularity of the Chinese economy.

When host Gary Kaminsky asked which presidential candidate would be best for equity markets, Bass briefly answered that Hillary Clinton was the sanest of the candidates, but when pressed on the likelihood that Clinton’s economic policies would negatively impact the market, Bass quickly pivoted to attacking the high price of prescription drugs, before turning to the topic of higher personal income taxes, which he called “inevitable”.

Bass first came to public notice after correctly predicting the U.S. subprime mortgage crisis in 2006, two years before the collapse of the housing bubble. He was able to bet against subprime securities and subsequently profit off of the crisis. He has more recently gained infamy for unscrupulous dealings with top officials in the administration of Argentinian President Cristina Fernández de Kirchner and blaming passengers for their own deaths in GM vehicles with defective airbags and power steering. He gained the attention of regulators when he began to short sell stock in major pharmaceutical companies, then challenging drug patents owned by the same companies (negatively affecting share prices), and profiting from the abuse of patent law, while consumers saw a subsequent rise in prescription drug costs.

He closed the interview with his thought that the banking world is better today, having seen Lehman Brothers fail, as it served as a wakeup call. Read the full story here: https://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/
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Inspiring Success Story of Marc Sparks

The secret to successful entrepreneurship is not influenced by the size of capital or the number of college degrees and diplomas, but a combination of determination, positive attitude, and a defined objective. This description explains Marc Sparks’ story. Marc, who is regarded by many as the epitome of entrepreneurship, made to the helm of business success despite his humble beginning as a high school graduate. Read more: Marc Sparks – Profile – Disqus and Marc Sparks (Author of They Can’t Eat You) – Goodreads

Marc Starks’s journey to successful entrepreneurship is an inspiration to upcoming young entrepreneurs who have incredible business ideas but don’t have starting capital. After his high school in 1975, Marc ventured into business; he created several start-up businesses that would later thrive into mega business establishments. He had a keen interest in real estate development, capital investments, and telecommunication industry.

Marc Sparks’ objective as a venture capitalist is to offer a financial boost to startup businesses. Such moves are always speculative, however, marc has never been wrong in his decisions to fund startup business; they have always posted impressive levels of success. He has been very instrumental in nurturing talent, offer invaluable guidance and financial solutions to upcoming entrepreneurship.

To share his success story and inspire others to embrace the spirit of successful entrepreneurship, he authored a book entitled “They Can’t Eat You”, he outlines his success story and the path he followed in achieving success. In this book, he asserts that it’s possible for anybody to become successful in business.

As a way of giving back to the society, Marc Sparks has been actively involved in numerous philanthropic activities. His backyard Texas and Dallas have been beneficiaries of excellent charity projects run by Marc. He has not only dedicated his money but also his time as well in volunteer activities. He has helped establish Samaritan Inn a homeless shelter in Texas and Habitat for Humanity. Also, he established American Can! Academy a group of schools and the Sparky’s Kids Foundation that help the disadvantaged children get an education.

His spirit of nurturing young upcoming and promising entrepreneurs has taken another dimension. He has come up with a program to empower social entrepreneurs. There are millions of great social business ideas which can make the world a better place. In a recent project to support social entrepreneurs, Marc and Lynne decided to form Sparks’ Tank. This program is meant to benefit young entrepreneurs with excellent business ideas that can attract investments and shape the world into a desirable place to live.

In the program, the contestants have to explain how they would use $5,000 in their quest to realize their business dreams.

 

Shagan Kheradpir Leads Coriant To A New Era Of Success

 

Coriant is an Optical Transport Network that provides services to businesses internationally. Coriant devised technology from a combination of Siemens Optical Network, Tellabs, and Sycamore Networks. Shaygan Kheradpir is the CEO and business and technology executive of Coriant. Coriant has extended its services to over 100 countries. Coriant strives to reduce operational complexity and improve utilization. Coriant Services the demands of mobile cloud, video, and other consumer applications. Corriant is responsible for billions of dollars in service revenue
Shaygan head Pier currently holds a bachelor’s, Masters, and a doctoral degree from Cornell University. His Ph.D. is in electrical engineering. Shaygan Kheradpir has served as an executive at Juniper Networks, Verizon, Barclays, and GTE. He is responsible for cutting costs at major corporations and several products that have been developed to improve business production and financial bottom line. Shaygan Kheradpir was born in London and was raised in Iran. His father was a medical doctor, and he moved to the United States to attend college.

Shaygan got his start at GT laboratories in 1987. There he was responsible for the management and Network routing. He was working with GTE and 2000 when they merged with Bell Atlantic and ultimately became Verizon Communications. Shaygan served as the president of the business division for Verizon and became the first CIO / CTO. In early 2011 Shaygan Kheradpir joined Barclays as the CEO of the Global Retail and Business Bank. While serving at Barclays, he was responsible for developing the usually successful Pingit mobile payment software. He became the CEO of Juniper Networks where he developed and executed in early 2014. He joined Marlin Equity Partners and was then appointed the CEO of coriant. He became the COO of Juniper Networks in early 2014. He joined Marlin equity partners and was then named the CEO of Corriant. He took over for Pat DiPietro, who stepped down to become vice chairman of the company.

Check out Shaygan Kheradpir on crunchbase.com and twitter @ShayganK for more info.