Bloomberg’s Stephanie Ruhle interviews Stan Druckenmiller,
an American hedge fund manager and founder of Duquesne Capital Management LLC.
Topic of the interview was pretty wide but I lol'd on their specific discussion about hedge funds and banks, excerpts below:
Stephanie: You
have these big banks that are now doing business where they look more like
utilities, I don’t know how are these guys going to make a ton of money going
forward, maybe there does need to be more consolidation?
Stan: I’d like to
see them operate more like utilities, I couldn't care less whether they make
money, unless I own their equities, but if we're talking about as a United States
citizen, I have no problem with banks being
