Jim Chanos Says He Remains ‘Short’ European Banks After Ban

Oct. 11 (Bloomberg) -- Jim Chanos, founder of New York-based hedge fund Kynikos Associates, said he kept his bearish bets on European bank stocks after regulators banned new short sales for some financial companies in August.

“We were short the European banks going into the ban so we’ve remained short,” Chanos said in an interview on Bloomberg Television today.

To contact the reporter on this story: Michael McKee in New York at mmckee@bloomberg.net

To contact the editor responsible for this story: Michael Patterson at mpatterson10@bloomberg.net