The Passionate Attachment

America's entanglement with Israel

Wall Street Protests: Fox sympathises with chickens

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Arab Spring-backer George Soros has spoken:

Billionaire investor George Soros says he can sympathise with the ongoing protests on Wall Street, which have spread to other US cities.

He said he understood the anger at the use of taxpayers’ cash to prop up stricken banks, allowing them to earn huge profits.

[…]

Answering questions during a news conference at UN headquarters on Monday, Mr Soros said: “The decision not to inject capital into the banks, but to effectively relieve them of their bad assets and then allow them to earn their way out of a hole leaves the banks bumper profits and then allows them to pay bumper bonuses.”

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Written by Maidhc Ó Cathail

October 7, 2011 at 8:41 am

Posted in Uncategorized

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