They put lipstick on the pig to try to sell it to somebody that didn't know what they were buying. - Kyle Bass

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They put lipstick on the pig to try to sell it to somebody that didn't know what they were buying.

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About Kyle Bass

J. Kyle Bass (born September 7, 1969) is the founder and principal of Hayman Capital Management, L.P., a Dallas-based Hedge fund. Bass became well-known after successfully predicting and benefitting from the subprime mortgage crisis by purchasing credit default swaps on subprime securities issued by various investment banks (similar to shorting the bonds).

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Alternative Names: J. Kyle Bass
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