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'I'm having a very good crisis,' says Soros as hedge fund managers make billions off recession
Daily Mail UK ^ | 3/25/09 | staff

Posted on 03/25/2009 11:53:27 AM PDT by pissant

A hedge fund manager who predicted the global credit crunch has said the financial crisis has been 'stimulating' and the culmination of his life's work.

George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse.

Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the gloabal storm.

But other investors failed to take notice of his prediction and his decision to come out of retirement in 2007 to manage the fund made him $US2.9 billion.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Crime/Corruption
KEYWORDS: larrysincalirslover; obama; soros
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Since he and his buddies helped orchestrate the "crisis", it is to be expected. But lets all focus on the poor AIG saps who got bonuses.
1 posted on 03/25/2009 11:53:28 AM PDT by pissant
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To: pissant

where are the ACORN protest tours of his home??


2 posted on 03/25/2009 11:55:09 AM PDT by GeronL (http://tyrannysentinel.blogspot.com)
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To: pissant

Now it makes sense as to why Obama was talking down the market; Obama & the Democrat’s best Campaign contributor was making billions every time Obama drove the market lower.


3 posted on 03/25/2009 11:56:42 AM PDT by HD1200
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To: pissant

It easy to predict something you make happen.


4 posted on 03/25/2009 11:56:51 AM PDT by henkster (0bamanomics: "I'll loan you all the money you need to get out of debt.")
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To: pissant

He didn’t orchestrate the crisis.

He watched it develop. A guy like Soros understands a fool like Greenspan and the Fed hacks easily led by their idols in “business” urging approval of such things as CDOs.


5 posted on 03/25/2009 11:57:15 AM PDT by Shermy ("The whole world has financed the United States, ...they have a reciprocal debt with the planet.")
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To: pissant

How old is this rat bastard? He’s about due for an old-age expiration, right?


6 posted on 03/25/2009 11:57:17 AM PDT by Lazamataz ("We beat the Soviet Union, then we became them." -- Lazamataz, 2005)
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To: Lazamataz

He’s rich enough he can probably prolong his life.


7 posted on 03/25/2009 11:58:21 AM PDT by MrB (irreconcilable: One of two or more conflicting ideas or beliefs that cannot be brought into harmony.)
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To: pissant

Hey George! Is it more fun than your other “great time” when you were turning Jews over to the Gestapo?


8 posted on 03/25/2009 11:58:42 AM PDT by Seruzawa (Obamalama lied, the republic died.)
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To: pissant

the marxist mother*****r started it all to get his buttbuddy O’bambam elected....

of course he made money, he set the paradigm.


9 posted on 03/25/2009 11:59:31 AM PDT by Vaquero ( "an armed society is a polite society" Robert A. Heinlein)
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To: pissant
How telling is THIS part???

"...the financial crisis has been 'stimulating' and the culmination of his life's work"

It surely IS the "culmination of [Soros'] life's work"! I just have to laugh when they say he "came out of retirement"!

AIG and the ENTIRE propaganda push surrounding them is nothing more than a scapegoat. Soros is no doubt protected, but everyone else who did his bidding in one way or another are going to be falling all over themselves to blame each other, and increase the public furor over each other... Soros - probably one of the people ultimately behind the WHOLE THING - will again walk away smelling like a rose...
10 posted on 03/25/2009 12:00:08 PM PDT by LibertyRocks ( http://LibertyRocks.wordpress.com ~ ANTI-OBAMA STUFF : http://cafepress.com/NO_ObamaBiden08)
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To: HD1200
Photobucket

I’d be willing to bet that – except for gold and silver -- Obama’s key “handler” (Soros) is short every U.S. market and has his “boy” talking the markets down every day.


11 posted on 03/25/2009 12:00:22 PM PDT by Dick Bachert
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To: Shermy

There would be no crisis if they had let some of these criminal enterprises collapse and declare bankruptcy.


12 posted on 03/25/2009 12:00:22 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: GeronL

· This just in.
Based on their success in stealing the 2008 election, ACORN has changed its name.
The catchy new acronym is defined below.
Commies
On a
Rampage
Now
Have
Obama
Leaving nearly
Everyone
Really
Screwed
This, as you can see, spells “CORNHOLERS.” The leadership of the group formerly known as ACORN felt this was a more descriptive name given what they did to the rest of us in November of 2008.
They suggest all affected Americans also learn another acronym familiar to most veterans: BOHICA.
Bend
Over
Here
It
Comes
Again.
Film here:
http://www.youtube.com/watch?v=Yp7lGqWRnls


13 posted on 03/25/2009 12:02:00 PM PDT by Dick Bachert
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To: Lazamataz

Is this idiot even an American citizen?


14 posted on 03/25/2009 12:02:22 PM PDT by azlinda (Welcome to the continuing Demoncrat pity party.)
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To: Shermy
He didn’t orchestrate the crisis. He watched it develop. A guy like Soros understands a fool like Greenspan and the Fed hacks easily led by their idols in “business” urging approval of such things as CDOs.

Funny, it looks like the vast majority of the crisis came from fear over what a socialist like Obama might do and then fear over what Obama the Socialist was doing. Obama turned what should have been a much smaller correction into a national disaster. Since Soros created Obama as a national candidate, I'd say Soros deserves credit for a profitable and successful investment in manipulating our election process.

15 posted on 03/25/2009 12:02:59 PM PDT by TurtleUp (Turtle up: cancel optional spending until 2012, and boycott TARP/stimulus companies forever!)
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To: pissant

ROT IN HELL SOROS


16 posted on 03/25/2009 12:09:16 PM PDT by Carley (President Obama Dropped a MOAB on America)
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To: TurtleUp

The vast majority of the crisis began in the 1990’s and continued over the years with deregulation and the approval by the Fed of derivatives and other exotic paper. Then, there is the deficit spending cloaked because, to date, foreigners were saving our dollars.

Soros does not control Obama now. Its the Goldman Sachs types.


17 posted on 03/25/2009 12:11:28 PM PDT by Shermy ("The whole world has financed the United States, ...they have a reciprocal debt with the planet.")
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To: pissant

“There would be no crisis if they had let some of these criminal enterprises collapse and declare bankruptcy.”

Exactly.

But Geithner is part of the bad culture—new exotic finance couple with deregulation. He will do everything to save it, especially the bailout of derivatives.


18 posted on 03/25/2009 12:13:00 PM PDT by Shermy ("The whole world has financed the United States, ...they have a reciprocal debt with the planet.")
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To: pissant

19 posted on 03/25/2009 12:14:19 PM PDT by maggief (The only transparency within this administration is the teleprompter.)
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To: Shermy

We already paid over $100 billion out to foreigners that invested in these fraudulent holdings.


20 posted on 03/25/2009 12:14:39 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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