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2013-09-07 Government

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Posted by Besoeker 2013-09-07 07:46|| || Front Page|| [2 views ] Top

#1 Resurrecting the term 'Merchants of Death' in 5,4,3...

Posted by Procopius2k 2013-09-07 10:19|| 2013-09-07 10:19|| Front Page Top

#2 Soro's bet in mid-aug needs the S&P 500 to tank like a war would tank it.
The story and Moneynews dot com

George Soros Takes a Giant Put Position Against the S&P 500
Thursday, 15 Aug 2013 12:58 PM
Hedge fund titan George Soros' biggest position is a huge bearish bet that the Standard & Poor's 500 will go down, MarketWatch reported.

Soros has a history of rolling the dice on risky propositions in the past and making giant gains. He is known as "The Man Who Broke the Bank of England" because of his successful bet against the British pound that led to $1 billion in profits during the 1992 Black Wednesday U.K. currency crisis.

In its 13F Securities and Exchange Commission filing for the second quarter of 2013, Soros Fund Management reported it bought a put on 1,248,643 units of the SPDR S&P 500 Trust (SPY) exchange-traded fund (ETF) in the second quarter its largest holding, according to MarketWatch.

Posted by 3dc 2013-09-07 13:16|| 2013-09-07 13:16|| Front Page Top

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