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To: Jurgis Bekepuris who wrote (39200)9/9/2010 11:55:35 AM
From: Rainmaker888  Respond to of 78783
 
Chinese company's - I seen a lot of corporate fraud in non- US/Western EU/Japan/Australian/Some Latin American companies...and these are large caps we are talking about...perhaps Burry is into Buffett's BYD type arrangements, where he goes to China and invests in trusted parties. From my hands on international corporate experience, I would not go near many of non-US/Western EU/Japan/Australian/Some Latin American companies.

There is also substantial gov't and economic risk should Act III of the crisis occur, Act 1 and II being US and EU.

Hope this helps and that I am not being too harsh :)