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The Catastrophe Capitalist

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Playing to Lose
Some of Chanos’s big short-selling plays.


Macquarie Group (above left)
Australian Investment Bank
Once labeled the bank’s finances a “Ponzi scheme.”

WCI Communities (above right)
Luxury-Home Builder
Called the McMansion bubble early. “We hit home runs,” Chanos says of his call.


Sotheby’s (above left)
Auction House
“The contemporary-art market was going to burst,” Chanos says.

Sportingbet (above right)
Online Casino
Saw tougher regulation coming from Washington.


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