Deals
Elliott's Singer Warns System May Be More Leveraged Than 2008
- ‘I’m very concerned about where we are,’ Singer says
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Paul Singer Says System May Be More Leveraged Than 2008
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Billionaire investor Paul Singer said “distorted” monetary and regulatory policies have increased risks for investors almost a decade after the financial crisis.
“I am very concerned about where we are,” Singer said Wednesday at the Bloomberg Invest New York summit. “What we have today is a global financial system that’s just about as leveraged -- and in many cases more leveraged -- than before 2008, and I don’t think the financial system is more sound.”