“Soros has warned of a 2008-like catastrophe before. On a panel in Washington in September 2011, he said the Greece-born European debt crunch was ‘more serious than the crisis of 2008.’ Soros, whose hedge-fund firm gained about 20 percent a year on average from 1969 to 2011, has a net worth of about $27.3 billion, according to the Bloomberg Billionaires Index. He began his career in New York City in the 1950s and gained a reputation for his investing prowess in 1992 by netting $1 billion with a bet that the U.K. would be forced to devalue the pound.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Taxpayers funding study of link between marijuana, domestic violence
Second NM driver gets cavity searched after stop for failure to signal
Police Confront Rising Number of Mentally Ill Suspects
NSA surveillance goes beyond Orwell's imagination: Guardian editor
Weather seems to blame for U.S. slowdown, Fed's Yellen says
Fed Balance Sheet Hits Record $3 Trillion
Bitcoin and Poker: Zynga's Best Friends
Bitcoin transformative as the Web, venture capitalist says
Colorado secede? Counties weigh exit plan to form state of 'North Colorado'
Philadelphia woman faces $600-a-day fine for feeding needy neighborhood kids
French business leaders lash out at Francois Hollande
Hong Kong entrepreneurs could win a slice of the bitcoin pie
World landmarks go dark for Earth Hour
US bans uncharged cell phones, laptops from some flights
In U.S., Perceived Need for Third Party Reaches New High