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Kyle Bass, CIO of Hayman Capital Management, speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas

Kyle Bass, CIO of Hayman Capital Management, speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 7, 2015.  REUTERS/Rick Wilking

Kyle Bass, CIO of Hayman Capital Management, speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 7, 2015. REUTERS/Rick Wilking