Posted on 03/25/2009 6:14:31 PM PDT by mylife
The world's top earning hedgies 2008
Jim Simons Renaissance $2.5bn
John Paulson Paulson & Co $2.0bn
John Arnold Centaurus $1.5bn
George Soros Soros Fund $1.1bn
Ray Dalio Bridgewater $780m
Bruce Kovner Caxton Ass $640m
David Shaw DE Shaw & Co $275m
S Druckenmiller Duquesne Cap $260m
David Harding Winton Capital $250m
Alan Howard Brevan Howard $250m
John Taylor Jr FX Concepts $250m
(Excerpt) Read more at guardian.co.uk ...
Right. This is manipulation at the highest levels. The Bilderbergers probably have had this planned for sometime now while we all slept.
Time for a 90% hedge fund windfall tax......
NO NEW TAXES!
L0L
But this is a 'special' 90% tax. It only applies if your last name is Soros.....
Never easy except in a raging bull market.
You also have to use leverage and employ long and short strategies.
If you have prior knowledge of a conspiriacy to pull the rug out from under the American economy, and you short the market (ex the old uptick rule), you can make big money.
Now that Mr. Soros has cashed in on all his short positions, Bawney Fwank & Chris (Bag Man) Dodd are all in favor of restoring the uptick short rule.
Well, I lost everything I saved listening to these jerks, but no more!
Which jerks did you listen to?
My own investment manager who kept telling me to “hang in there”. I did while I watched everything go down, down, down. I sure hope she got rich telling all of us fools that. sarc
Yeh but your investment manager is following what he hears about guys like Soros or the other hedge fund managers. I didn’t listen to my broker, and glad I didn’t. I saw the writing on the wall a year ahead also, but not in the same position as him to risk OPM to make some more.
This is corruption at its finest. Soros controls information, and the media. That is more powerful than money. He knew what was going to happen, because his actions directly contributed to the collapse of the economy. He knew what the government was going to do, and was doing all along. He was a major driving force behind the bailout. He is behind Geithner’s very actions. AIG money went to hedge funds, and right out of the country into Soros hands.
Pretty slick. Where is the uproar over bailout money going out of the country to guys like this, when less than 20% of $1 billion went to some executives?
Obama is a puppet.
HOW CAN WE FIND OUT HOW MUCH IN TAXES DID SOROS PAY? DID HE PAY ANY U.S. TAXES?
I’m not sure now whether to just go in and draw everything out and take the big hits or wait for awhile again. This really sucks.
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