qq_tracker_code_advanced_default



"Hilarious." – Daniel Hannan

A lesson in insider trading from George Soros

without comments

A very cozy relationship

George Soros and the guy he got elected

 
 
 
 
 
 
 
 
 
 
 
 
Insider trading taken to a new level:  hopefully the head of the SEC will investigate this childishly simple money trail…
Oh…the head of the SEC is appointed by the president…chalk another victory up to the liberal machine.
  • George Soros feeds millions of dollars to MoveOn.org and other leftist organizations
  • MoveOn.org generates millions of dollars and hundreds of thousands of volunteers for the Obama campaign (like the New Black Panthers armed with sticks standing outside a polling place?)
  • Soros buys up millions of shares of Petrobras, the Brazilian state oil company.  His Petrobras holdings are now around 25% of his hedge fund’s total assets. (I guess with inside information you don’t need to worry about diversification)
  • The Export-Import Bank of the United States (created under FDR’s administration) guarantees $2 billion to Petrobras for offshore development, possibly with more billions to follow.
  • The next step in this process…Soros makes money? With 25% of his hedge fund’s assets at stake, it’s probably a pretty safe bet.
  • And the cycle begins again, with fresh millions to pump into the liberal political machine

And Obama wanted to stir up populist rage against Wall Street?

Share

Written by MikeM

August 20th, 2009 at 11:56 am

Leave a Reply

Spam Protection by WP-SpamFree