Canada Free Press | Nov 8, 2010 | Cliff Kincaid
FR Posted Nov 08, 2010 by GiovannaNicoletta
snip “What is most troubling to me about this,” Diamond added, “is that the Fed’s QE2 is in alignment with George Soros’s agenda to destroy global capitalism.” The decline of the dollar “is what George Soros wants and what he has proposed in the past,” he noted. Soros, the billionaire hedge fund operator who finances various leftist and Marxist groups, including Media Matters, has made his fortune by betting on the collapse of national economies and currencies. He was convicted of insider trading in France. (Excerpt) Read more at canadafreepress.com ...
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HERE'S WHY OBAMA WENT TO INDIA: 8/26/10 Soros' Quantum hedge fund last week purchased Dubai Financial Group's 4% stake in the Bombay Stock Exchange....... Soros' investment comes as India works to modernize its capital markets, opening new exchanges, streamlining trading and introducing new products, like currency futures.
India's stock markets are of increasing interest to foreign investors. Brokers own 44 percent of the BSE, with public shareholders controlling the rest.
Thirty percent of public shareholding is in the hands of foreign entities, including Deutsche Boerse, the Singapore Stock Exchange, Canadian financier Tom Caldwell, and US private equity group Argonaut Ventures. Indian law prohibits foreign investors from holding more than 5% in a local exchange. The BSE had 4,990 listed companies as of July and a market capitalization of $1.4 trillion, according to its website.
Soros sold his entire Petrobras stake (Brazilian oil---Soros got $2B from Ohaha)) to help finance the purchase of 4% stake in Bombay Stock Exchange. Buying and selling of non-US listed companies, including ADRs on US stock exchanges, is not required to be registered on the SEC forms.
Soros Fund Management LLC
888 7th Avenue, 33rd floor,
New York, NY 10106
Title Name Age
Chairman George Soros 80
Deputy Chairman Robert Soros 45
Deputy Chairman and President Jonathan Soros 38
Chief Operating Officer Abbas F. (Eddy) Zuaiter 43
Abbas F. "Eddy" Zuaiter is a member of the Boards of Directors of the Institute for Middle East Understanding (IMEU) and Middle East Institute (MEI). His brother Ahmad F. Zuaiter (42) is also a high ranking executive in Soros Fund Management.
Youngest brother, actor Waleed Zuaiter, had roles in 2008 BBC's House of Saddam, The Unit, NCIS, and Lie To Me.
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Soros’s Oil Spill Payoff
Frontpage Mag | June 22, 2010 | Tait Trussell
FR Posted June 22, 2010 by opentalk
Within 48 hours after President Obama issued the six-month moratorium on deep-water drilling, the George Soros-backed Brazilian oil company, Petrobras, contacted a large New Orleans company, Laborde Marine, which services the deep-water drilling market. The company was seeking to lease all its vessels. “If the moratorium on deep-water drilling is not lifted, 33 semi-submersible rigs and/or drill ships affected will simply go to other countries where they will be well received, such as Brazil,” Cliffe F. Laborde and J. Peter Laborde, Jr. wrote in a June 4 letter to their Louisiana Senators.
Could this be merely a happy coincidence for George Soros, the major financial backer of Obama’s presidential campaign who also has $811 million invested in the Brazilian oil company, Petrobras? Wasn’t it enough of a payback to Soros when the Obama Administration loaned up to $10 billion to Petrobras?
Soros, with his far left-wing organization, MoveOn, is called the Godfather of world socialism. But most relevant currently is that he has been an enthusiastic proponent of global warming and environmental liberalism. He has urged adoption of a global carbon tax. Could it be more than coincidence that his position is strikingly similar to what Obama called for in his June 14 Oval Office speech on the Gulf oil spill and future energy actions? (Excerpt) Read more at frontpagemag.com ...
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Candidate Obama at fund-raiser April 9, 2007.
George Soros is seated to the right of the stairs. (Photo: Michael Edwards)