Showing posts with label Saba Capital. Show all posts
Showing posts with label Saba Capital. Show all posts

Thursday, January 12, 2012

Boaz Weinstein prefers Italian bonds over bank debt

Boaz Weinstein of  Saba Capital is an ex-Deutsche Bank trader whose firm has seen strong inflows this year. His group at DB reportedly lost $10B in 2008!

If you look at history, you won’t find too many examples where a country defaulted and its banks were OK, especially banks that have a lot of exposure to the sovereigns

Sees `Confusing Year' for Markets