Bio
Kyle Bass
Mr. J. Kyle Bass is a Managing Partner and Principal at Hayman Capital Partners, LP. He also acts as a mortgage credit portfolio advisor to several other asset management firms and manages or advises over $4 billion of investments in the residential mortgage-backed securities market.
Mr. Bass is also a Director of the Asset Backed Securities at Credit Derivatives Users Association. Prior to launching Hayman Advisors, he formed the first institutional equity office in Texas at Legg Mason, Inc., where he was the Managing Director in charge of advising special situation accounts on investments.
Prior to joining Legg Mason, Mr. Bass was employed at Bear Stearns & Co. Inc., where he was one of the youngest Senior Managing Directors in the firm's history. While at Bear Stearns, he primarily advised event-driven hedge funds on investment strategies.
Greg Ip
Greg Ip is US economics editor for The Economist, based in Washington D.C. He covers the economy, financial markets, monetary, fiscal and regulatory policy. He contributes to The Economist's blog, Free Exchange, and is a frequent commentator on radio and television. He joined The Economist in July, 2008. From 1996 to 2008 Mr Ip worked for The Wall Street Journal, as a financial markets reporter in New York and chief economics correspondent in Washington.
A native of Canada, Mr. Ip received a bachelor's degree in economics and journalism from Carleton University in Ottawa, Ontario. He is the author of The Little Book of Economics: How the Economy Works in the Real World, published by John Wiley & Sons in 2010. It is layman's guide to economic concepts and trends written with simple language, memorable examples and humorous analogies. USA Today called it a "must-read in economic literacy."
Stephen Pagliuca
Stephen Pagliuca is a Managing Director of Bain Capital Partners, LLC. Mr. Pagliuca is also a Managing Partner and an owner of the Boston Celtics basketball franchise. Mr. Pagliuca joined Bain & Company in 1982 and founded the Information Partners private equity fund for Bain Capital in 1989. He also worked as a senior accountant and international tax specialist for Peat Marwick Mitchell & Company in the Netherlands.
Mr. Pagliuca served as a director of Warner Chilcott, Ltd. from 2005 to 2009, HCA Inc. from November 2006 to September 2009, Quintiles Transnational Corp. from 2008 to 2009, M/C Communications from 2004 to 2009 and FCI, S.A. from 2005 to 2009 and currently also serves as a director of Burger King Holdings Inc. and Gartner, Inc.
Nathan Sheets
Mr. Sheets is the Global Head of International Economics within Citigroup's Investment Research & Analysis division. Prior to Citigroup, he worked for the Federal Reserve Board in Washington D.C. where he served as Director of the Division of International Finance and as an Economist to the FOMC.
Among his most notable accomplishments, Mr. Sheets acted as the Fed Chairman's international adviser at the onset of the European fiscal crisis in the spring of 2010. He was also a driving force behind the Federal Reserve Board's global emergency lending program. Mr. Sheets acted as senior advisor to the U.S. Executive Director at the International Monetary Fund (IMF) while on leave from the Federal Reserve. In this capacity, he served as a liaison between the IMF and various U.S. government agencies.
Mr. Sheets received his Bachelors of Economics from Brigham Young University and his PhD from the Massachusetts Institute of Technology.
Encyclopædia Britannica Articles
- debt
Something owed. Anyone having borrowed money or goods from another owes a debt and is under obligation to return the goods or repay the money, usually with interest. For governments, the need to borrow in order to finance a deficit budget has led to the development of various forms of national debt. See also bankruptcy; debtor and creditor; usury.
- debt on britannica.com
- Economist, The
Weekly magazine of news and opinion, founded in 1843 and published in London, generally regarded as one of the world's preeminent journals of its kind. It gives thorough and wide-ranging coverage of general news and particularly of international political developments that bear on the world's economy. In accord with the views promoted by its founders and conveyed by legendary Economist editor Walter Bagehot, the publication maintains the position that free markets typically provide the best method of running economies and governments. North America accounts for about half of its total readership.
- Economist, The on britannica.com
© 2010 Encyclopædia Britannica, Inc.
Watch Now
