Posted on 08/17/2014 3:17:08 PM PDT by mgist
Billionaire investor George Soros increased his bet against the US stock market by more than 600pc in the second quarter, regulatory filings show.
The man dubbed "the man who broke the Bank of England" for his $10bn bet against sterling in the 1990s, has now taken out a $2.2bn bet that the S&P 500 will fall, according to a filing with the Securities and Exchange Commission.
(Excerpt) Read more at telegraph.co.uk ...
George Soros - the world’s richest palindrome .
--and it's all right there in the 13-F filing with the Securities and Exchange Commission; nobody cares because the preferred belief is that the evil capitalist is out to get you. That $1 bet he made on a falling S&P, it's no different from the bet we make with the life insurance salesman where we're so glad when he wins and we "lose".
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