Friday, December 09, 2011
Investing in European Bonds
Investor George Soros's family fund bought about $2 billion of European bonds from MF Global Holdings Ltd. As remembered, the investors and regulators of MF Global were seized by such a panic that they demanded their money back NOW, causing a run that finished off MFGlobal. Soros is old and less given to hysterics, so he bought very cheap those papers. We old Central Europeans have learned German earnestness. They will pay their debts and make pay their partners too. If his speculation comes out right, Soros will have added a billion or two to his fortune. Not a cent will be given to Jewish causes: Soros says he doesn't deny he was born a Jew, but he doesnt want to belong to nor have to do anything with the Jewish nation.
Labels:
Investment
Subscribe to:
Post Comments (Atom)

2 comments:
Meanwhile, Corzine, the organ grinder's monkey, has learned a new trick; having collected a whole lot of money in his little tin cup, he will give it to the organ-grinder (one Barack Obama, no less), put on some bright orange clothes, and jump smartly into the back of a police car.
It is called "the perpwalk".
Anon.
Where did Soros say he wanted nothing to do with the Jewish people?
Post a Comment