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Banks

‘Big Short’ Investor Who Foresaw 2008 Crash Says ‘No True Danger’

View Source | March 14, 2023 12:11 pm

  • Big Short investor Michael Burry believes there is ‘no true danger’ of a full-scale financial crisis
  • His assessment came as Sheila Bair, the former chair of the regulator which took control over SVB, urged calm and said most banks are ‘probably just fine’
  • Bair added: ‘I don’t see any pervasive problems in our banking system. I do think regulators need to be careful how they communicate’
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