Bass Season

Kyle Bass manages the investment fund for the University of Texas. Larry Summers, often called, "The Smartest Guy in the Room", and one of the architects of the current global crisis, managed the investments for Harvard. Bass doubled the Texas pot, while Summers lost more than half Harvard's legacy investments. That's why Summers will always look around the room to see if people like Bass are there, before getting a cocktail. Pay attention to what he is saying in this CNBS, I mean CNBC video.