*Note the video associated with this interview has been replaced with a critique of Joe Biden.*
President Obama isn’t exactly the most popular guy in the corridors of finance.
But one big Wall Street billionaire thinks it’s time to stop bashing Obama.
Because he’s done a great job.
“The strides we’ve made the last eight years are pretty amazing,” billionaire hedge fund manager Jim Chanos told CNN’s Poppy Harlow this week from his midtown Manhattan office.
That might be a hard thing to admit for many on Wall Street who still wince when they remember Obama dubbing them as “fat cat bankers” in 2009.
But Chanos says he has only one message for them: “What do you have to complain about?”
Chanos was a major bundler for Obama’s re-election campaign, helping to raise more between $200,000 and $500,000, according to OpenSecrets.
Bullish on America
Chanos rattled off a laundry list of things that reflect the Obama economy’s success: The country is nearing full employment, the stock market is near all-time highs, corporate profits have shattered records, there’s universal health care, gas prices are near $2 a gallon, and the federal deficit has shrunk.
“Of all the major economies right now, we’re the place to be,” Chanos said.
Related: Chanos got China right. Now he’s betting against Elon Musk
As an investor, Chanos isn’t one to follow the crowd. He correctly predicted the collapse of Enron and also China’s current economic travails.
He’s also not your traditional investor. He makes money by betting on the misfortune of others.
Right now, the founder of Kynikos Associates is down on anything that touches China and even Elon Musk’s companies.
But he’s pretty bullish on America.