Who sank the triple A?

[mahnmut]

Did Soros Make $1B Betting on U.S. Downgrade?



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.


Michael Moore to Obama: ‘Show some guts,’ arrest S&P head

...but it gets even more interesting...

Soros Dumps Gold, Inciting Fear of Plummeting Price

OooooOoo this is gunna be gooood!

Further comment here...

Comments

[alphistia.livejournal.com]

Also, the BBC, the Guardian, the Independent, the New York Times and the Telegraph on a day I'm not feeling dyspeptic, Der Spiegel, The WSJ (sadly owned by Murdoch and on the way to being fishwrap) editorially is a refuge for all sorts of extreme right scoundrels, but their news pages are somewhat more reliable. Newsweek - NO! (It's a joke and always has been)...ditto with Time. The New Yorker for lengthy analytical pieces. Most of these are "liberal" sources? Well reality has a well-known liberal bias - now who said that? What about you? Not Morgunbladid, the refuge these days for Iceland's scoundrel in chief, David Oddsson...

[alphistia.livejournal.com]

you two might enjoy this as well (mentions my very distant cousin on page 2, Joey Skaggs) http://www.cracked.com/blog/6-ways-to-get-anyone-to-believe-clearly-fake-news-story/?wa_user1=3&wa_user2=News&wa_user3=blog&wa_user4=feature_module

[abomvubuso.livejournal.com]

Good read, indeed.