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Why should Soros be demonized for currency speculation? Why isn't it against the law to speculate on currency?
01-22-2013, 07:24 PM
Post: #1
Peter Offline
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Why should Soros be demonized for currency speculation? Why isn't it against the law to speculate on currency?
What is the social value in currency speculation?
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01-22-2013, 07:32 PM
Post: #2
Romeo Offline
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When you trade currencies for a profit, that is ok. When you manipulate the markets through fraud or break the insider trading rules for a profit, that is criminal.

http://www.nytimes.com/2006/06/14/busine...74397.html

http://politicalvelcraft.org/2010/11/10/...d-charges/
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01-22-2013, 07:32 PM
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Mike Bloom Offline
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Meh. He saw a bad thing coming and found a way to profit from it. Many people did so in our recession. They're just jealous.
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