Guy ‘Bankers-Will-Go-Back-To-Their-Baskets-Like-Dogs’ Hands Warns Of “Very, Very Scary Market”
by Tyler Durden
ZeroHedge.com
02/24/2016
In November 2007, PE firm Terra Firma Chairman Guy Hands warned of a looming crash, after forecasting “bankers will go back to their baskets like dogs,” he was sent dog biscuits by friendly bankers. As he explains in this brief Bloomberg TV interview, he expects more dog biscuits, as the market is “not really underpinned by any real fundamentals.” The extreme volatility is not good for any business, and investors are scared on not investing (negative rates or no return) and scared of investing (and “looking stupid in a year’s time”) concluding >”it’s a very very scary market.”
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