callingjim chanos cheniere energy crazy expensive. ♪ vonnie: this is "bloomberg markets." ad back to the salt conference in las vegas. jim chanos reiterated his short on cheniere energy. erik schatzker joins us again from las vegas. abouthis presentation was cheniere. why should near, jim -- why cheniere, jim? that is a stock you have been shorts as last summer. jim: i think we want to take advantage to lay it all out to make people understand why this equity is much more risky than people think. and really to dispel any notions about what the bear case is. just announcedny a new ceo. sitting at the chair change anything for you? jim: no. every company has a ceo. i think he has a great revocation. some ceos are better operators and others. jim: but you don't find that out until hindsight. we'll see. i wish him the best. he will have his hands full with the balance sheet. eri let's talk about that. why he won't better management make it a better company? or at least not a good enough company? jim: because most of the levers here are beyond his control. companies take for pay