KKR's Henry Kravis Warns Of Over-leveraged Banks

Add legendary private equity investor Henry Kravis to the growing list of those publically warning about excessive leverage levels utilized by the largest and most politically powerful banks. Speaking at the SuperReturn conference in Berlin this morning, Kravis was reported to have said the banks are responsible for bringing leverage levels beyond “levels of safety.” ValueWalk readers will note that on January 17, in a ValueWalk exclusive, Paul Singer, head of one of the world’s largest hedge funds, warned of a derivatives catastrophe due to big bank leverage.  Later, in a confidential investor letter, he called the large banks “over-leveraged…