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Showing 1 - 2 of 2 results for "Scion Capital"

The Big Short's Michael Burry shutters fund

KARREN VERGARA  |  FRIDAY, 14 NOV 2025
... is reported to have personally pocketed US$100 million from betting against the subprime mortgage market, while Scion Capital made more than US$700 million. Burry shut Scion Capital in 2008 and five years later relaunched it as Scion Asset Management. ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... US bond yields fell, and major currencies are up against the US Dollar. The promised increases were elevated by Scion Capital founder Michael Burry who, on the eve of the Fed's meeting, tweeted "Sell." The potential warning to investors hits as the US ...
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