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RANsquawk EU Market Re-Cap - 9th April 2013
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Kyle Bass on the AIG-like scenario building in Japan.
Classic:
http://www.planbeconomics.com/2013/04/kyle-bass-myron-scholes-global-mar...
"The AIG of the world is back - I have 27 year old kids selling me one-year jump risk on Japan for less than 1bp - $5bn at a time."