‘I don’t see a real danger here’: Michael Berry says US banking crisis will be resolved ‘very quickly’

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Investor Michael Burry said in a tweet late Monday that he expects the crisis surrounding the collapse California’s Silicon Bank, a day after SVB compared the 2008 financial crisis and the collapse the 2001 dot-com bubble. Will be resolved “very quickly”.

“I don’t see a real threat here,” Barry said in a tweet that has since been deleted. The manager Scion Asset Management, rose to fame in 2008 after his bet against U.S. mortgage bonds was featured in the book and movie “The Big Short,” is known for …

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