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George Soros has made a big bet on a financial-services company
Business Insider ^ | 2/16/16 | Julia La Roche

Posted on 08/05/2016 1:33:30 PM PDT by Califreak

George Soros' family-office hedge fund, Soros Fund Management, initiated a new position in Synchrony Financial during the fourth quarter, the fund's latest regulatory filing shows.

At the end of the fourth quarter, the fund held 7,127,865 shares, a position valued at more than $216.7 million, the 13F filing shows.

Synchrony, a consumer financial-services company, is now Soros' second-largest equity position.

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


TOPICS: Business/Economy
KEYWORDS: credit; finance; soros; synchrony
My mom and I were discussing credit card payments from diverse entities starting to go to Synchrony and I just got a gut feeling to Google Soros and Synchrony.....
1 posted on 08/05/2016 1:33:30 PM PDT by Califreak
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To: LucyT; Whenifhow

Soros in our wallets ping


2 posted on 08/05/2016 1:35:17 PM PDT by Califreak (Vote for Batman!)
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To: Califreak

Divested GE credit card business. Good investment since running aggressive post stodgy GE. Why Soros?


3 posted on 08/05/2016 1:40:32 PM PDT by major-pelham
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To: Califreak

Synchony backs the Amazon credit card, walmart i think, and some other big names.

Good rates.

Have an Amazon store card. Now I dont want to use it.


4 posted on 08/05/2016 1:41:29 PM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: Califreak

Synchrony is the bank that handles Amazon accounts.


5 posted on 08/05/2016 1:43:44 PM PDT by capt. norm (If you can't make them see the light, let them feel the heat!<)
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To: dp0622

Care Credit and JC Penney too.


6 posted on 08/05/2016 1:43:48 PM PDT by Califreak (Vote for Batman!)
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To: capt. norm

My mom and I were talking about Synchrony.

She was wondering where they came from all of a sudden and why so many credit card payments are going there now.

So many payments going to one place that knows everything you buy and how much you owe.

I don’t know why, but for some reason after she said that I immediately thought of George Soros and got curious.


7 posted on 08/05/2016 1:51:02 PM PDT by Califreak (Vote for Batman!)
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To: Califreak

I noticed that awhile back re: store cards going to Synchrony.
Sam’s Club, and several others I have that used to be GE, are now Synchrony.


8 posted on 08/05/2016 1:51:27 PM PDT by sockmonkey (Donald Trump will ban auto-correct with an Executive Order. Go Trump!)
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To: Califreak

Knowing Soros, ot wouldn’t surprise me if he is planning on Synchrony credit card services to implement cutting edge Mark-of-the-Beast personal identity banking for the masses.
Evil banker-Silicon valley masters of the universe have big plans for us...

RE: “My mom and I were discussing credit card payments from diverse entities starting to go to Synchrony and I just got a gut feeling to Google Soros and Synchrony.....”


9 posted on 08/05/2016 1:52:48 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: sockmonkey

The same as before just not being run by ge. They had like 40 billion receivables too big to sell to anyone.


10 posted on 08/05/2016 1:54:55 PM PDT by major-pelham
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To: Califreak

And don’t tell me, all Synchrony credit cards have a security number of 666 on the back of the card...

RE: “So many payments going to one place that knows everything you buy and how much you owe.

I don’t know why, but for some reason after she said that I immediately thought of George Soros and got curious.”


11 posted on 08/05/2016 1:58:25 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: Califreak

I wish someone/group would split soros’ apricot


12 posted on 08/05/2016 1:59:49 PM PDT by waterhill (I Shall Remain, in spite of __________.)
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To: waterhill

He’s got his evil encrusted fingers in everybody’s pie.


13 posted on 08/05/2016 2:02:29 PM PDT by Califreak (Vote for Batman!)
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To: MarchonDC09122009

I’m not thinking about mark of the beast stuff.

More like data mining.


14 posted on 08/05/2016 2:04:16 PM PDT by Califreak (Vote for Batman!)
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To: Califreak

Time to cancel your credit cards, and go to cash or gold and silver.


15 posted on 08/05/2016 2:33:35 PM PDT by CyberAnt ("Peace Through Strength")
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