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Soros Laughing All the Way to the Bank

Posted on Mar 26, 2009

“I’m having a very good crisis,” says Soros. No kidding.

Not many big hitters from the financial sector have managed to stay afloat, let alone turn a profit, since the economic crisis kicked in, but George Soros has done quite well for himself. Soros made $1.1 billion last year, and he’s not even at the top of the list of hedge fund managers who beat the odds in 2008.

Mail Online:

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 global storm.

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By robert m puglia, March 29, 2009 at 2:35 pm Link to this comment

“...and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed…”
human nature is a limited if mixed bag of tricks. the scam is successful not for its cleverness but for the constant supply of new marks.
why, in reference to george soros, is the word “acumen” in quotes? soros didn’t invent avaraice, duplicity, laxity or disregard he merely capitalized on the combination. of all the vile bodies in this melodrama he seems an unlikely or innocuous choice of villain. phil graham, wendy graham, bill clinton, mark brickell, ed yingling are some seriously rotten characters and as responsible for setting up the scam as cashing in on it. the long train of abuses and usurpations pursuing invariably the $ame object has left the station but another will be along soon.

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By Diament, March 27, 2009 at 1:22 pm Link to this comment
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I am so Soro for the American public, all the wrong people made all the money,why, they had all the adventages of knowing, and inside information.

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By Pat, March 27, 2009 at 6:03 am Link to this comment
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Fatal was the decision to allow Americans to vote with their purse - in that everyone knows the person with the purse is the one who counts.

Isn’t that the point of the bail out lesson?

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By Outraged, March 26, 2009 at 11:12 pm Link to this comment

Regarding Soros’ “acumen”, I could have “called” this too… but alas, I don’t have millions to bet against prosperity.  However, he was not necessarily the progenitor of it either, or rather I haven’t investigated this aspect of the conundrum.

Innocent or guilty…. anyone paying attention could have gauged the outcome…...right?  Time to stand UP AMERICA, this is your country.  It doesn’t matter what the BS on the ground is…. what matters IS WHAT YOU DO ABOUT IT.

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