I guess he’s still shorting the NYSE.
If only Soros would stop breathing, it would be a happy Monday.
Somebody has shorted the market.
You mean it was a $2 trillion mulligan?
Soros talks too much. I’m sure he’s making a profit on this crisis somehow.
I’m afraid I bridle at reading anything quoting George Soros, and my blood begins to boil, because I see him as a meddling malevolent Svengali who sits back, exploits every situation he himself has helped create, and “predicts” the bad times ahead for everyone except himself. At the very least, I wish he would die soon/ PLEASE
Soros has a history of manipulating markets:
On Black Wednesday (September 16, 1992), Soros became immediately famous when he sold short more than $10 billion worth of pounds, profiting from the Bank of Englands reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency.
Finally, the Bank of England was forced to withdraw the currency from the European Exchange Rate Mechanism and to devalue the pound sterling, and Soros earned an estimated US$ 1.1 billion in the process. He was dubbed the man who broke the Bank of England.
The Times of Monday, October 26, 1992, quoted Soros as saying: Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell.
Soros is still blamed for triggering the Asian crisis of 1997 which started a chain reaction that led to the Russian loan crisis, the near collapse of the hedge fund Long Term Capital Management and finally the Brazilian crisis in 1999. Mahathir Mohammed, the prime minister of Malaysia, famously called him a moron.
In his book, Mr Soros denies claims that he started the crisis as a wholly unfounded. He admits Soros Fund Management foresaw a crisis and shorted the Thai bhat and Malay ringgit - agreeing to sell stocks of the currencies it did not yet own.
Instead he blames the international financial system and argues that this is one of the reasons why it needs to be more tightly controlled. Given that belief it is understandable that he should be surprised to be subjected to a barrage of insults during a recent debate the opponents of with globalisation.
Soros tells the west we must reform to help the poor.
Soros should know he is one of the main instigators in making them insolvent.
Given that Soros and his henchmen engineered much of the early run on the banks and he has his little sock puppet Obama talking the economy down every time he opens his pie hole, Soros should know.
Soros .... the real worlds Dr Evil
Soros has manipulate the Markets to get Obama elected, sucked the equity out of Banks and Automobiles, all by means of his hedge funds. He keeps betting on Markets and winning, it’s almost as if he had inside knowledge.
Would someone who worked for a hostile power have such knowledge.
Did the Democrats put poison pills in the economy with the Community Reinvestment Act, and the Gramm-Leach-Bliley Act?
The Banking crisis was started quite deliberately by Schumer wasn’t it?
I think the Dems learned from Clinton that its the “economy stupid” and they made the economy fail so they could win and start their Communist Policies.
Soros has manipulate the Markets to get Obama elected, sucked the equity out of Banks and Automobiles, all by means of his hedge funds. He keeps betting on Markets and winning, it’s almost as if he had inside knowledge.
Would someone who worked for a hostile power have such knowledge?
Did the Democrats put poison pills in the economy with the Community Reinvestment Act, and the Gramm-Leach-Bliley Act?
The Banking crisis was started quite deliberately by Schumer wasn’t it?
I think the Dems learned from Clinton that its the “economy stupid” and they made the economy fail so they could win and start their Communist Policies.
George better wake up. Right now, he is going down to the hot place when he dies.
Soros was a Nazi-collaborator who would gladly send all of his fellow Jews to the ovens to make a buck.