Posted on 03/21/2011 9:02:51 AM PDT by george76
Soros Builds on Petrobras Holdings in First Quarter
http://www.freerepublic.com/focus/f-news/2721857/posts
Hehehehe, he bought 1.1 million shares or a whooping $35 or so million worth of a PUBLICLY traded company. Got anything better to prove a conspiracy? This is a rounding error for Soros and certainly not worth getting involved in illegal stuff over http://www.gurufocus.com/holdings.php?GuruName=George+Soros
When you have a $10+ billion fund you are invested in lots and lots of stocks.
“Soros Fund Cuts Gold, BofA, J.P. Morgan Stakes; Adds to Citi, Wells” http://blogs.wsj.com/deals/2011/05/16/soros-fund-cuts-gold-bofa-j-p-morgan-stakes-adds-to-citi-wells/?mod=google_news_blog
More recently, Soros sold 22 million shares of Petrobras common stock and purchased preferred stock, which has a dividend premium set at 10% per year.
This was accomplished just days before President Lula announced the government was undertaking a larger nationalization and sent common shares reeling, with common stock investors losing $7 billion in a single day.
http://stumpedagain.wordpress.com/obamas-deep-drilling/
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