As Hayman Capital's Kyle Bass basks in the afterglow of the Securities & Exchange Commission’s settlement with United Development Funding (UDF) over fraud charges -- he was short the exchange trade Real Estate Investment Trust (REIT) -- the question is not if the next shoe is going to drop, but when.
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Q2 hedge fund letters, conference, scoops etc
Bass and Greenlaw could drop the gloves in court
Investors can be assured there will be another shoe to drop. At a minimum, Hayman Capital's leader Bass and UDF’s CEO Hollis Greenlaw will face-off in court, where UDF has alleged defamation against a crusading Hayman. Either that or Greenlaw will...


