Posts Tagged ‘Soros Lost Millions’

Millions, Soros Has Seen His Better Days, Big Trouble Ahead For Satan Main Demon, Soros — Death Angel Near By… Back in late March, when a handful of colluding enterprising prime brokers decided to quickly liquidate their exposure to the now infamous Archegos, realizing that they have to be the first to do so or suffer billions in losses (as Credit Suisse and Nomura learned the hard way), the banks were furiously dialing some of their best hedge fund clients hoping to find willing buyers of billions in so-called “Archegos stocks.” They found one such gullible counterparty in Soros Fund Management, the investment firm of the well-known Democratic billionaire currently run by Chief Investment Officer Dawn Fitzpatrick, which we reported three months ago had purchased $375 million of the shares that PBs were scrambling to offload, with Soros reporting that as of March 31 – one…