Soros calls Wall St profits âgiftsâ from state See article: http://www.ft.com/cms/s/0/79edee04-c00a-11de-aed2-00144feab49a.html?nclick_check=1
May be he was caught naked in his shorts, and is now running around to push for a pullback. If he was long, you would have heard another story. As soon as he covers, it will go down. May be he did today.
^^^ Real original stuff. "Hey, I'm going to sound like a real sophisticated dude, and toss away any comments made by George Soros as nothing more than George 'talking his book'." DId you read the article? He makes the perfectly valid point that banks shouldn't have prop trading desks that gamble w/depositers money and federally insured money. Instead those prop traders ought to migrate to hedge funds where they can gamble w/their own capital.