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Soros Bailing Out of U.S. Stock Market
Economic Policy Journal ^ | 08/18/2010 | Economic Policy Journal

Posted on 08/18/2010 8:33:28 PM PDT by The Magical Mischief Tour

Billionaire trader and political manipulator,George Soros, is clearly not optimistic. The latest SEC filings are out on the Soros hedge fund, Soros Fund Management.

Between the end of March and the end of June, Soros lowered his stock investments from $8.8 billion to $5.1 billion in the fund, Soros Fund Management.

He sold most of his positions (over 95%) in Wal-Mart, J.P. Morgan Chase and Pfizer.

His biggest positionb at the end of June was in the gold ETF which accounted for 13% of his equity portfolio at $638 million. Among the stocks that Soros added to the funds portfolio were Akamai Technologies, Salesforce.com, Netflix, and Chipotle Mexican Grill.


TOPICS: Breaking News; Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: august2010; gold; soros; stock; stockmarket
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To: The Magical Mischief Tour

Me too. Slowly.


41 posted on 08/19/2010 12:26:57 AM PDT by Uncle Miltie (Why are 100% of Rape / Assaults in Oslo, Norway, committed by Muslims?)
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To: gaijin

LOL! I love it!


42 posted on 08/19/2010 12:30:00 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: The Magical Mischief Tour

great, Soros gave us Obozo and a ‘Rat Congress, and now he doesn’t even have the decency to “stay the course” with his investments...... if anyone deserves to lose everything over the current govt/economy it is Soros


43 posted on 08/19/2010 12:43:09 AM PDT by Enchante ("The great enemy of clear language is insincerity." -- George Orwell --)
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To: Blue Collar Christian

When the US falls, it will cause chaos around the globe. We can only hope a little finger of it touches Soros, until he is dead.


44 posted on 08/19/2010 12:53:09 AM PDT by Republic of Texas (Socialism Always Fails)
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To: The Magical Mischief Tour

I MADE BILLIONS OF DOLLARS OFF YOU SAPS!

HAVE A NICE DAY. :)


45 posted on 08/19/2010 12:54:06 AM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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Soros was the same guy saying Gold was a bubble as he was buying it. Methinks he enjoys trying to manipulate the market based on fear. It’s his ‘reflexivity’ theory in practice.


46 posted on 08/19/2010 1:29:17 AM PDT by FreeStateYank (I want my country and constitution back, now!)
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To: The Magical Mischief Tour

I’m bailed, believe it.


47 posted on 08/19/2010 1:41:53 AM PDT by Lancey Howard
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To: The Magical Mischief Tour

I’m no expert, but is keeping five billion dollars in the stock market really bailing out?


48 posted on 08/19/2010 1:46:48 AM PDT by firebrand
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To: The Magical Mischief Tour

This guy should have been sued since a long time for frauds, conflict of interests, illegal political activities...I am wondering if he paid McCunt who was so weak beside Obama during the campaign as many RINOS singing the bipartisan song


49 posted on 08/19/2010 2:04:27 AM PDT by Ulysse (s)
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To: GraceG

It’s election time, many get out because of the doubt. Not me, either the Democrats lose in the next 2 elections, or most everything is going to be worthless


50 posted on 08/19/2010 3:19:30 AM PDT by Son House (The Bush Tax Cuts Produced Better Results Than All The Democrat's Stimulus Bills Combined.)
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To: The Magical Mischief Tour

Maybe there’s another reason. Someone in Justice is on to him and he’s on the verge of having his assets frozen.(as long as we’re tossing out theories ;-).)

Looking forward to the day when we no longer share air with this creep.


51 posted on 08/19/2010 3:41:40 AM PDT by SueRae (I can see November from my HOUSE!)
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To: The Magical Mischief Tour
Billionaire trader and political manipulator,George...

I always thought it was the other way around:

Political traitor and billionaire manipulator.

52 posted on 08/19/2010 3:53:32 AM PDT by C210N (0bama, Making the world safe for Marxism)
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To: The Magical Mischief Tour
Among the stocks that Soros added to the funds portfolio were Akamai Technologies, Salesforce.com, Netflix, and Chipotle Mexican Grill.

Mr. Soros recently bought Salesforce shares? He does live on the edge. That's currently some pricey stock to be buying in a weak market.

53 posted on 08/19/2010 3:57:11 AM PDT by snowsislander (In this election year, please ask your candidates if they support repeal of the 1968 GCA.)
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To: The Magical Mischief Tour

Ban him from the US Stock exchange....

he is an enemy alien.

he crashed it back in ‘08 and now he should be barred.


54 posted on 08/19/2010 4:19:50 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: The Magical Mischief Tour

Oh great, he helped create the mess now he’s bailing out on his project to screw up America.


55 posted on 08/19/2010 4:21:12 AM PDT by ducttape45
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To: The Magical Mischief Tour

Watch the money. This man is the ultimate of sleaze.


56 posted on 08/19/2010 4:23:38 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: SueRae
Someone in Justice is on to him and he’s on the verge of having his assets frozen.

I don't think he's concerned with this Justice Dept.
However, the incoming Congress might be another story.
57 posted on 08/19/2010 4:25:33 AM PDT by ct_libertarian (Movie with a story or another Hollywood Marxist sermon? Find out at http://www.HollywoodSTFU.com)
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To: The Magical Mischief Tour

Rats leaving the ship


58 posted on 08/19/2010 4:29:45 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Son House

I’m changing jobs as of tomorrow; should I cash out my 401K? seriously i’m remodeling my house and could use the extra cash; lived without a kitchen floor for coming up on 4 years now (do everything on a cash basis; no debt).

Oh and sadly, I’m moving to the “dark side.” Got a job in the public sector, but it’s the only job that I don’t have to ocmmute to hell’s half acre and back. Been doing that for sixteen years and am fed up!


59 posted on 08/19/2010 4:41:06 AM PDT by AbolishCSEU
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To: unkus

they’re serious. we are almost due and maybe even slightly overdue for a massive stock market crash. when I say massive I mean in the neighborhood of DOW 3500 when it is done crashing. I’m sure Soros understands the markets and why they do the things they do even better than little old me, so this doesn’t surprise me much.

Also, this was a quarterly filing, right? He could have bailed out a while ago and that could have been a partial cause for some of the recent queasiness.


60 posted on 08/19/2010 5:29:15 AM PDT by stefanbatory (Insert witty tagline here)
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