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With J.C. Penney Struggling to Write Itself, Enter Soros (Another reason to boycott)
Forbes ^ | 4-25-13 | Forbes

Posted on 04/25/2013 2:12:57 PM PDT by Marathoner

Legendary investor George Soros‘ Soros Fund Management has taken a 7.9% stake in the retailer, according to an SEC filing Thursday. The news sent J.C. Penney shares higher after-hours, up 6.6% to $16.25. At that price, Soros’ holdings are worth $283 million.

Soros, who famously “broke the Bank of England” in 1992 as part of a group that heavily shorted the British pound, owns just under 17.4 million shares of J.C. Penney, according to the filing. His stake puts him among the retailer’s five largest shareholders.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy
KEYWORDS: auschwitzbirkenau; budapestdeportations; collaborator; economy; hungary1944; jcp; jcpenney; kapo; nazi; nazicollaborator; retail; soros
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Well, no more JC Penney stuff for me, not if that bastard has anything to do with it.
1 posted on 04/25/2013 2:12:57 PM PDT by Marathoner
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To: Marathoner

Was that really the headline? Write?


2 posted on 04/25/2013 2:17:00 PM PDT by Defiant (If there are infinite parallel universes, why Lord, am I living in the one with Obama as President?)
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To: Marathoner

Soros also shorted the Russian Rouble. There is still a warrant for his arrest in Russia, but we don’t have an extradition treaty, or that’s the excuse the Russians give. Likely there are some high-up officials on the take from Soros.

He also shorted the French Franc. Had to pay a $100 million fine. It was chump change compared to what he made on the deal.

Meanwhile, the common people who depend on the value of their money saw their purchasing power diminish accordingly.


3 posted on 04/25/2013 2:18:39 PM PDT by Westbrook (Children do not divide your love, they multiply it.)
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To: Marathoner; humblegunner

Spel fale.


4 posted on 04/25/2013 2:18:53 PM PDT by don-o (He will not share His glory, and He will not be mocked! Blessed be the Name of the Lord forever!)
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To: Marathoner

5 posted on 04/25/2013 2:19:13 PM PDT by jimbo123
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To: Defiant

The daily struggle for correct English on FR.


6 posted on 04/25/2013 2:19:16 PM PDT by kabumpo (Kabumpo)
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To: Defiant
Was that really the headline? Write?

Uh, no. Unless Forbes just fixed it.

7 posted on 04/25/2013 2:20:58 PM PDT by cynwoody
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To: Defiant

Yep, except for the added in parenthesis.


8 posted on 04/25/2013 2:21:15 PM PDT by Marathoner (Anyone who believes in liberty and the Constitution has almost zero representation in DC today)
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To: Defiant

Nope, checked for myself and there it is spelled “right”.


9 posted on 04/25/2013 2:21:33 PM PDT by ZirconEncrustedTweezers (Some people take there grammar way to seriously.)
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To: kabumpo
The daily struggle for correct English on FR.

Write on, brother! :=)

10 posted on 04/25/2013 2:21:43 PM PDT by Bob
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To: Marathoner
Pay No Attention to that Man behind the Curtain!


11 posted on 04/25/2013 2:21:59 PM PDT by KC_Lion (Build the America you want to live in at your address, and keep looking up.-Sarah Palin)
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To: kabumpo

Well, as my tagline states... :)


12 posted on 04/25/2013 2:22:10 PM PDT by ZirconEncrustedTweezers (Some people take there grammar way to seriously.)
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To: Defiant

“Writing itself”... you know, the JC Penny autobiography.


13 posted on 04/25/2013 2:22:17 PM PDT by Third Person (Welcome to Gaymerica.)
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To: Marathoner

Nope, write should be right. Sorry about that (in a hurry)


14 posted on 04/25/2013 2:23:19 PM PDT by Marathoner (Anyone who believes in liberty and the Constitution has almost zero representation in DC today)
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To: jimbo123

I have a feeling he’ll be seeing a lot of those Jews on his judgment day.


15 posted on 04/25/2013 2:23:33 PM PDT by henkster (I have one more cow than my neighbor. I am a kulak.)
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To: henkster

16 posted on 04/25/2013 2:24:18 PM PDT by jimbo123
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To: Defiant
Was that really the headline? Write?

That can't be correct, if you axe me.

17 posted on 04/25/2013 2:25:37 PM PDT by GreenHornet
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To: henkster

18 posted on 04/25/2013 2:25:42 PM PDT by jimbo123
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To: Marathoner

I’m done shopping at Penney’s.

FUGS, you Nazi-collaborating b@stard.


19 posted on 04/25/2013 2:26:29 PM PDT by MeganC (You can take my gun when you can grab it with your cold, dead fingers.)
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To: ZirconEncrustedTweezers
(Some people take there grammar way to seriously.)

Shouldn't you "loose" the ly in seriously?

20 posted on 04/25/2013 2:27:52 PM PDT by don-o (He will not share His glory, and He will not be mocked! Blessed be the Name of the Lord forever!)
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