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...George Soros, 'at centre of hedge funds plot to cash in on fall of the euro'
dailymail.co.uk ^ | Feb. 27, 2010 | Karl West

Posted on 02/26/2010 4:48:11 PM PST by Free ThinkerNY

A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro.

Representatives of George Soros's investment business were among an all-star line up of Wall Street investors at an 'ideas dinner' at a private townhouse in Manhattan, according to reports.

A spokesman for Soros Fund Management said the legendary investor did not attend the dinner on February 8, but did not deny that his firm was represented.

At the dinner, the speculators are said to have argued that the euro is likely to plunge in value to parity with the dollar.

The single currency has been under enormous pressure because of Greece's debt crisis, plus financial worries in Portugal, Italy, Spain and Ireland.

But, it has also struggled because hedge funds have been placing huge bets on the currency's decline, which could make the speculators hundreds of millions of pounds.

The euro traded at $1.51 in December, but has since fallen to $1.34. Details of the secretive dinner emerged days after Mr Soros, chairman of Soros

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: euro; hedgefunds; soros

1 posted on 02/26/2010 4:48:12 PM PST by Free ThinkerNY
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To: Free ThinkerNY

isn’t this guy still wanted in Russia and if so why didn’t Bush not hand him over?


2 posted on 02/26/2010 4:50:21 PM PST by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: Free ThinkerNY

“Euro destined to plunge to parity with the dollar....”

Who would have thunk it? Time to visit Europe, before the Muzzies mess it up beyond recognition, and while the dollar has relative value there.


3 posted on 02/26/2010 4:50:47 PM PST by Pearls Before Swine
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To: manc

also I still say he was involved in the market crash just before the election.

It would not be the first time for him and it amazes me the hypocrisy how the left hate those with money but has no problem with Soros, Buffet and those in Hollywood


4 posted on 02/26/2010 4:51:32 PM PST by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: Free ThinkerNY

How much is enough, George? Is it necessary to destroy nations and impoverish people so you can buy Redwood Tree / Mahogany-blend toilet paper?


5 posted on 02/26/2010 4:54:26 PM PST by Lazamataz (Seriously. The only way Obama can possibly pull this out is to declare Martial Law before November.)
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To: Tawiskaro
FR's tawiskaro.
6 posted on 02/26/2010 4:55:10 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: Free ThinkerNY

This guy again? I’m sick of hearing about this guy...Talk about turds that won’t flush! People will get up in Arms about a Banker making a $500,000 bonus for a job well done...but the media says nothing about a commie saboteur who wrecks econmies for personal profit.....(Gee I wonder why)


7 posted on 02/26/2010 4:55:40 PM PST by jakerobins
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To: Free ThinkerNY

http://www.freerepublic.com/focus/f-news/2459916/posts


8 posted on 02/26/2010 4:59:45 PM PST by La Lydia
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To: Lazamataz

Soros isn’t the disease, he is the symptom. He is just an economic actor who profits from the fall of delusions. Our age is as delusional, myth loving, afraid to question fundamentals as any age. Soros knows this. Coupled with decaying, desperate decaying socialist economies, there is vast amounts to be reaped.

Soros profits.
Unions rape.
Government workers paychecks come in regardless.
Politician talk.
Citizens all look for a savior.
Investors become more un anchored every day, and begin more to think of the unthinkable.


9 posted on 02/26/2010 5:11:37 PM PST by Leisler (What 'free market', where is it?)
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To: Lazamataz

It’s past money now
He has no regard for human life and enjoys
manipulating people and governments.


10 posted on 02/26/2010 5:26:15 PM PST by philetus (Keep doing what you always do and you'll keep getting what you always get.)
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To: combat_boots

Hey, that’s a great pic but shouldn’t Nancy, Harry and Obammie be facing the other way?


11 posted on 02/26/2010 5:31:12 PM PST by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM where are you?)
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To: Las Vegas Ron

Should have the Banking Queen under his skirt.

Frankly speaking, I would not mind seeing his head explode with a well placed “financial loss”.....SORORS head

he needs to go away. the world has enough problems without having idiots trying to screw the masses because they have unresolved problems with not being laid in high school.


12 posted on 02/26/2010 6:16:38 PM PST by Michigan Bowhunter (Democrat socialist liberal scumbags.....how did we let this happen!)
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To: Michigan Bowhunter

Best thing that could happen would be if someone plans and executes a plot against him and his treasury. Need an army of financial special ops warriors to protect this country.


13 posted on 02/26/2010 6:23:43 PM PST by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: Lazamataz

Soros is going to piss off the wrong people one of these days,and get killed.


14 posted on 02/26/2010 6:33:21 PM PST by Farmer Dean (every time a toilet flushes,another liberal gets his brains)
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To: Free ThinkerNY

More on Soros I posted this one but it was removed I don’t know why but anyway

Obama’s boss ready to torpedo the euro

http://canadafreepress.com/index.php/article/20435

http://www.dailymail.co.uk/news/worldnews/article-1253791/Is-man-broke-Bank-England-George-Soros-centre-hedge-funds-betting-crisis-hit-euro.html#ixzz0ghDapIJj


15 posted on 02/26/2010 7:00:53 PM PST by FromLori (FromLori)
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To: FromLori

Thanks for posting the links, Lori.

I wouldn’t be surprised to find out it’s all true.


16 posted on 02/27/2010 9:47:05 AM PST by SmartInsight
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To: Free ThinkerNY; SierraWasp; Liz; tubebender; Ernest_at_the_Beach; stephenjohnbanker

Of course their flunkies on tv, conservative radio, financial wire sites and here for the past two years told us to sell our dollars for Euros.


17 posted on 02/27/2010 10:12:21 AM PST by Grampa Dave (Does 0b0z0 have any friends, who aren't traitors, spies, tax cheats and criminals?)
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To: Grampa Dave

LOL....or gold at the top of the market.


18 posted on 02/27/2010 10:32:50 AM PST by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: Grampa Dave
Ain't it the TRUTH!!!

It's like the dope smokin CONservatives squackin about legalizing their drug of choice, the third partiers squackin that there's no difference between D's and R's and the G.D. gold bugs screamin that the US Dollar is gonna collapse!!!

Even with Angela Davis' brother in the whitehouse, America will come through to the other side of all this B.S. to resume it's exceptional place as the leader of the righteous forces of this world!!!

Trouble is, these clowns can predict and wish ill on our nation currently awash in "moral hazzards," which actually could tear it all down in a few days, even hours, what all the founders, pioneers, developers and builders have created over a strenuous 232 years!!!

God Save America from it'self!!!

19 posted on 02/27/2010 10:38:26 AM PST by SierraWasp (Let's all sue the Sierra Club, the NRDC, any conservancy or Land Trust and the Audobon Society!!!)
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To: SmartInsight

Your welcome I wouldn’t be surprised either


20 posted on 02/27/2010 11:15:02 AM PST by FromLori (FromLori)
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To: manc

No. Soros is not wanted in Russia. He is creating so much chaos that Russia wants him exactly where he is. And, he serves as a convient scapegoat for the Russians to attack.

There are actually many people who believe that Soros has been in the employ of the Russian/Soviet Intelligence Services (KGB/SVR) since World War II.


21 posted on 02/27/2010 12:14:22 PM PST by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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