Posts about George Soros as of October 25, 2009

I’ve heard single-filing tax payers will get 0, I’ve heard they will get 0.. which one is it? Related Articles Forum : Depriciation – CAclubindia – Interactive Platform for … Forum : Share transfer Committee – CAclubindia – Interactive … George Soros: Taxpayers Resentment of Wall Street’s Leading Banks … Ten Tips for Taxpayers Making Charitable Donations Articles … How [...]

Billionaire investor George Soros believes U.S. taxpayers’ resentment at some of Wall Street’s leading banks is ‘justified’ because their surging profits were funded by government bailouts, according to an interview published in the Financial Times. “Those earnings are not…

Billionaire investor George Soros believes U.S. taxpayers’ resentment at some of Wall Street’s leading banks is ‘justified’ because their surging profits were funded by government bailouts, according to an interview published in the Financial Times. “Those earnings are not…

Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles.   A tsunami of money is headed your way. It’s true. But it might not be exactly what you have in mind. Here’s what I mean. . . Just a few days ago, the U.S. government reported that the federal deficit officially hit an all-time record high for fiscal year 2009 ending in September — $1.42 trillion! And even though it’s now over 10% of the nation’s GDP, the 2009 budget deficit is just small potatoes.

So long as the Chinese renminbi is linked to the US dollar billionaire hedge fund manager George Soros says he does not see how the decline in the US dollar can go too far.It is this sort of simple logic from the man who broke the Bank of England for a $1 billion profit in 1992 that makes currency traders sit up and pay attention. Mr. Soros has also made some bad calls but his $7 billion fortune stands as testimony that he is right more often than he is wrong.

Reality Check Time. Sorry to do this to you, but let’s get real about how much you can expect to earn in your trading. You probably got into trading because you figured you could earn quick, easy money from anywhere. Maybe you entertained the notion of sitting on a tropical island beach somewhere. The waiter would bring you drinks with little umbrellas while you would casually trade stocks. You could fling hundreds of thousands (millions?) of dollars in trades around while connected to the world’s markets by only the invisible thread of the luxury hotel’s WiFi connection.

Shoot, I had this ready to go last night and neglected to post it! Apologies! Tiger skin trade in China exposed BBC “> “>Robotic Craft Mimics Falling Maple Seeds LiveScience (hat tip reader John D) Long-term use of mobile phones ‘may be linked to cancer’ Telegraph Pet dogs as bad for planet as driving 4×4s, book claims Telegraph. Thin Liberalism and the Folly of Burning Bridges Timothy B. Lee (hat tip reader DoctoRx) Goldman Sachs Still Paid for Swaps on Redeemed Bonds Bloomberg Short Memories at Goldman Joe Nocera.

Shoot, I had this ready to go last night and neglected to post it! Apologies! Tiger skin trade in China exposed BBC “>Robotic Craft Mimics Falling Maple Seeds LiveScience (hat tip reader John D) Long-term use of mobile phones ‘may be linked to cancer’ Telegraph Pet dogs as bad for planet as driving 4×4s, book claims Telegraph. Thin Liberalism and the Folly of Burning Bridges Timothy B. Lee (hat tip reader DoctoRx) Goldman Sachs Still Paid for Swaps on Redeemed Bonds Bloomberg Short Memories at Goldman Joe Nocera.

Tiger skin trade in China exposed BBC Robotic Craft Mimics Falling Maple Seeds LiveScience (hat tip reader John D) Long-term use of mobile phones ‘may be linked to cancer’ Telegraph Pet dogs as bad for planet as driving 4×4s, book claims Telegraph. Thin Liberalism and the Folly of Burning Bridges Timothy B. Lee (hat tip reader DoctoRx) Goldman Sachs Still Paid for Swaps on Redeemed Bonds Bloomberg Short Memories at Goldman Joe Nocera.

Global Forex Trading There are many kinds of trading in the market exchange, but these days the most favorite one is the Global Forex Trading . Its daily volume even reaches $2 trillion dollars. It becomes popular since the speculator George Soros of the Quantum Hedge Fund was able to get over $1 billion dollars profits in couples of days by shorting the British pound in 1992. A fantastic number, isn’t it? But, what is it that makes more and more people interested in it? Well, the lures of Global Forex trading lie on these reasons: First attraction will be the market’s hour.

This guy is a piece of shit The big profits made by some of Wall Street’s leading banks are “hidden gifts” from the state, and taxpayer resentment of such companies is “justified”, George Soros, the fund manager, said in an interview with the Financial Times. “Those earnings are not the achievement of risk-takers,” Mr Soros said. “These are gifts, hidden gifts, from the government, so I don’t think that those monies should be used to pay bonuses.

Weekend reading: Scare bear markets – monevator.com 10/24/2009 My regular Saturday comment followed by this week’s blog and financial site links. I admit there are worrying signs in the market. I don’t mean how the main indexes seem to have stalled — it’s always very hard to tell signals from noise, and anyway Australian academics just proved that technical analysis doesn’t work : Technical analysis is not consistently profitable in the 49 countries that comprise the Morgan Stanl

“Public Right To Resent Banker Bonuses” by Reuters Staff “Billionaire investor George Soros said U.S. taxpayers were entitled to resent bankers’ bonuses because their profits were funded by government bailouts, according to an interview published in the Financial Times. “Those earnings are not the achievement of risk-takers. These are gifts, hidden gifts, from the government, so I don’t think that those monies should be used to pay bonuses,” the paper quoted him as saying in its Saturday edition.

, Financial Times, 23 Oct 2009Chrystia Freeland, US managing editor, interviewed George Soros, the fund manager, about the state of the world economy, relations between the US and China, his investment performance and regulating bankers’ compensation. This is a transcript of that interview.FT: Thank you for joining us, Mr Soros.

Jim the Realtor does a great job of illustrating the bubble aspects of the housing market…… Technorati Tags: Jim the Realtor , Bubble Housing Related Posts August 17, 2009 — Jim the Realtor July 18, 2009 — Another Housing Bubble? November 9, 2008 — The Crisis – by George Soros ShareThis