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"Analysis: The Final State of the Presidential Race" He’ll, You Pieces of Garbage The Future of Warfare -- No more martyrdom! "Kamala’s Inane Talking Points" "The Harris Campaign Is Testament to the Toxicity of Woke Politics" Easy Drywall Patch Israel Preparing NEW Iran Strike? Iran Vows “Unimaginable” Response | Watchman Newscast In Logansport, Indiana, Kids are Being Pushed Out of Schools After Migrants Swelled County’s Population by 30%: "Everybody else is falling behind" Exclusive — Bernie Moreno: We Spend $110,000 Per Illegal Migrant Per Year, More than Twice What ‘the Average American Makes’ Florida County: 41 of 45 People Arrested for Looting after Hurricanes Helene and Milton are Noncitizens Presidential race: Is a Split Ticket the only Answer? hurricanes and heat waves are Worse 'Backbone of Iran's missile industry' destroyed by IAF strikes on Islamic Republic Joe Rogan Experience #2219 - Donald Trump IDF raids Hezbollah Radwan Forces underground bases, discovers massive cache of weapons Gallant: ‘After we strike in Iran,’ the world will understand all of our training The Atlantic Hit Piece On Trump Is A Psy-Op To Justify Post-Election Violence If Harris Loses Six Al Jazeera journalists are Hamas, PIJ terrorists Judge Aileen Cannon, who tossed Trump's classified docs case, on list of proposed candidates for attorney general Iran's Assassination Program in Europe: Europe Goes Back to Sleep Susan Olsen says Brady Bunch revival was cancelled because she’s MAGA. 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"Why Young Americans Are Not Taught about Evil" "New Rules For Radicals — How To Reinvent Kamala Harris" "Harris’ problem: She’s a complete phony" Hurricane Beryl strikes Bay City (TX) Who Is ‘Destroying Democracy In Darkness?’ ‘Kamalanomics’ is just ‘Bidenomics’ but dumber Even The Washington Post Says Kamala's 'Price Control' Plan is 'Communist' Arthur Ray Hines, "Sneakypete", has passed away. No righT ... for me To hear --- whaT you say ! "Walz’s Fellow Guardsmen Set the Record Straight on Veep Candidate’s Military Career: ‘He Bailed Out’ " "Kamala Harris Selects Progressive Minnesota Governor Tim Walz as Running Mate" "The Teleprompter Campaign" Good Riddance to Ismail Haniyeh "Pagans in Paris" "Liberal groupthink makes American life creepy and could cost Democrats the election". Status: Not Logged In; Sign In The Water Cooler See other The Water Cooler Articles Title: Did Soros Make $1B Betting on U.S. Downgrade? Source: Daily Mail URL Source: http://nation.foxnews.com/george-so ... s-make-1b-betting-us-downgrade Published: Aug 8, 2011 Author: Daily Mail Post Date: 2011-08-08 19:50:48 by Brian S Keywords: None Views: 1559 Comments: 3 Who made a billion dollars on 10/1 bet that U.S. credit rating would be downgraded? By Mark Duell, The Daily Mail Last updated at 5:03 PM on 8th August 2011 A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating. Now questions are being asked of whether the trader had inside information before placing the $850million bet in the futures market. There are mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved. He made more than $1billion on currency speculation when the British pound left the Exchange Rate Mechanism on Black Wednesday in 1992. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 3. #1. To: All (#0) MORE... But a source with knowledge of the firm said Soros was not involved in the rumoured trade and questioned whether in fact there had been such a trade at all. The latest bet was made on July 21 on trades of 5,370 ten-year Treasury futures and 3,100 Treasury bond futures, reported ETF Daily News. Now the investor's gamble seems to have paid off after Standard and Poor’s issued a credit rating downgrade from AAA to AA+ last Friday. Whoever it is stands to earn a 1,000 per cent return on their money, with the expectation that interest rates will be going up after the downgrade. Concerned traders: Wall Street opened down on Monday after Standard and Poor's issued a credit rating downgrade from AAA to AA+ last Friday Concerned traders: Wall Street opened down on Monday after Standard and Poor's issued a credit rating downgrade from AAA to AA+ last Friday The link has been made to Mr Soros in part because he has been tied to President Obama’s administration since 2008, reported The Examiner. He also recently stopped managing money for outside investors, meaning he is under less scrutiny from the Securities and Exchange Commision But the mystery bet could easily have been made by another trader with similar resources, despite Mr Soros’s links with the Obama administration. The bet also raises questions of whether President Obama and Treasury Secretary Timothy Geithner knew that a downgrade was on the cards. Mr Geithner said in April there was ‘no risk’ of a downgrade - but the government now appears annoyed, not surprised, by last week’s decision. He has since slammed S&P for showing 'terrible judgment' in their decision and a 'stunning lack of knowledge' of U.S. fiscal budget maths. Brian S  posted on  2011-08-08   19:52:08 ET  Reply   Untrace   Trace   Private Reply   #3. To: Brian S (#1) If they shorted bond and 10 year futures or cash on 7/21...they've LOST money. war  posted on  2011-08-09   12:20:40 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 3.         There are no replies to Comment # 3. End Trace Mode for Comment # 3. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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