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 Thanks to destructive statists: George Soros' hedge fund career ends

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RR Phantom

RR Phantom

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Thanks to destructive statists: George Soros' hedge fund career ends Vide
PostSubject: Thanks to destructive statists: George Soros' hedge fund career ends   Thanks to destructive statists: George Soros' hedge fund career ends Icon_minitimeThu Jul 28, 2011 3:37 am
The man who broke the Bank of England has finally been subjugated himself.

George Soros, the billionaire financier who famously made $US1.1 billion ($US1 billion) betting against the pound on Black Wednesday, has been forced to close his funds to outside investors - because of changes to American regulations.

Mr Soros’s sons, Jonathan and Robert Soros, who are co-deputy chairmen of Soros Fund Management (SFM), have written a letter to investors to inform them the hedge fund will convert to a family office by the year-end.

http://www.smh.com.au/business/world-business/george-soros-hedge-fund-career-ends-20110727-1hzo2.html
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