He IS Dr. Evil
Posted on 03/25/2009 2:47:58 PM PDT by Steelfish
'I'm having a very good crisis,' says Soros as hedge fund managers make billions off recession
By Mail Foreign Service 25th March 2009
George Soros said the current economic crisis has been the culmination of his life's work
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.
And while the financial crisis continued to deepen across the globe, the 78-year-old still managed to make $1.1 billion last year.
'It is, in a way, the culminating point of my life’s work,' he told national newspaper The Australian.
Soros is one of 25, top hedge fund managers from across Wall Street who have defied the credit crunch crisis to reap a total of $11.6billion (£7.9bn) last year.
(Excerpt) Read more at dailymail.co.uk ...
No ACORN won’t, but we could.
Smoke and mirrors. This is how Soros is deflecting and re-introducing the billions he took out of the market in September that caused the meltdown and of course, got his comrade elected.
He always intended to collect on his ‘Obama’ investment. . .and DNC et al. Truly; a culmination of his life’s dream. Wish someone would ask him to be more specific. . .
No, he should be investigated thoroughly, and every damned dime he owns should be accounted for, especially leading up to the election. Then he needs to be hung in a public square for the turmoil the pig has brought to this country.
Take a dirt nap, George
That, and I’m sure that MSM will make this a 3-5 day story....
I wonder how much taxpayer bailout money goes to Soros. Maybe that’s why Bernanke wants to keep it secret, but if even if it does not go to him directly, there is a lot of indirect enrichment going on.
I am convinced he was behind the *mysterious* $350bil sell off of mutual funds back in Sept. Sickening.
I don’t think it’s so much “predicting” as it is “Planning”...
IOW, I think Soros is a big reason all this curfuffle is happening with our economy and bailouts.
It seems awfully narcissistic.
Yes, but sadly he is leaving a well funded legacy of anti-liberty organizations across the globe.
may the POS burn in hell...
Someone needs to shut this a-hole up one way or another.
I don't doubt that at all.
I don’t think Soros is the cause of our economy collapsing, but I am sure he is smart enough to take advantage of it, pick the right timing, and exacerbate it.
Oh, nothing so crude I would think. Rick Santelli (CNBC?) commented that shortly before it was announced that the Fed was printing a trillion dollars, there was a huge amount of options traffic. Playing on insider knowledge of huge government financial moves would be a lot less risky than a straight short bet. And it would pay off a lot quicker. GM & Ford were up, what? 40% and 70% in one day?
Absolutely, He is coming and he is going to want His stuff back! Soros better watch out. I know a great person who says this all the time!
About what you would expect from a man that turned his fellow jews in to the Nazis and sent them to the ovens!
The man is truly the scum of the earth and so are the democrats and Obama for taking money from him!
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