Jim Chanos Says Chinese Banks 'Built on Quicksand' (video)

Found via ValueWalk.

May 1 (Bloomberg) -- Jim Chanos, founder of KynikosAssociates Ltd., talks about the importance of short selling to markets, hisinvestment strategy, and the outlook for China's economy and banking industry.He speaks with Stephanie Ruhle at the Milken Institute 2012 Global Conferencein Los Angeles on Bloomberg Television's "Street Smart."