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Kyle Bass Still Faithful In His GM Relationship

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Mark Melin
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Once one of the hottest hedge fund long positions, many managers have thrown in the towel on GM - amid woes related to safety issues - but do not include Kyle Bass in that category. The legendary hedge fund manager from Texas continues to talk his book on General Motors Company (NYSE:GM), pointing out on the Harvest web site today that free cash flow remains significantly positive and says the blood is already all over the street in regards to the devastating recall.

Kyle Bass discusses Japan and General Motors...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.