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Man who broke the Bank of
England, George Soros, 'at
centre of hedge funds plot to
cash in on fall of the euro'
By KARL WEST
Last updated at 12:52 AM on 27th February 2010

Comments (351) Add to My Stories

A secretive group of Wall Street hedge

fund bosses are said to be behind a plot
to cash in on the decline of the euro.
Representatives of George Soros's
investment business were among an
all-star line up of Wall Street investors at FEMAIL TODAY
an 'ideas dinner' at a private townhouse
Body of missing
in Manhattan, according to reports.
Growing Pains star
A spokesman for Soros Fund Andrew Koenig is found
Management said the legendary investor in park
did not attend the dinner on February 8, His father, Star Trek actor
but did not deny that his firm was Walter Koenig, said he
represented. had killed himself
At the dinner, the speculators are said to
'There's always that
have argued that the euro is likely to terrible murment when
plunge in value to parity with the dollar.
ya realise it's all over
The single currency has been under and you'll have to start
enormous pressure because of again': Me story, by
Greece's debt crisis, plus financial Cheryl Cole (sort of)
worries in Portugal, Italy, Spain and
Ireland.
Cheryl Cole: 'I want
But, it has also struggled because nothing from Ashley...
hedge funds have been placing huge except the dogs'
bets on the currency's decline, which X Factor judge is hoping
could make the speculators hundreds of for a swift, clean break
millions of pounds. from her cheating
The euro traded at $1.51 in December, The man about to break the euro? husband
George Soros is said to be placing large
but has since fallen to $1.34. Details of
the secretive dinner emerged days after bearish bets against the single Victoria Beckham to
currency snub World Cup WAGs
Mr Soros, chairman of Soros
in Cape Town
Fund Management, warned in a She is refusing to stay in
newspaper article that the euro could the hotel with entourage,
'fall apart' even if the European Union instead renting a luxury
can agree a deal to shore up support for flat in Camps Bay
stricken Greece.
That's a devilish look to
pull off, Lady GaGa
The eccentric singer
More...
donned towering pair of
'The Nazis took our gold, they should at least thank us': Greek deputy PM's horns to dinner in
extraordinary attack on Germany over debt crisis London on a night off
from her tour
Boost for Brown as Britain makes better than expected recovery from
worst recession in 30 years
Heather Mills gets a lift
Mandelson insists Britain WILL join the euro despite worst crisis in its from her sunbed to the
history sea
But after just a few
minutes she was
hitching a lift out of the
Mr Soros, who made more than $1billion by currency speculation when the pound was
cool waters off Mauritius
ejected from the Exchange Rate Mechanism on Black Wednesday in 1992, believes
the structure of the euro is 'patently flawed'.
Zara Phillips and fiancé 
He said: 'Makeshift assistance should Mike Tindall set to make
be enough for Greece, but that leaves a splash with a giant
Spain, Italy, Portugal and Ireland. £6,000 bath for two
 Delivery men were
'Together they constitute too large a
spotted carrying it into
portion of euroland to be helped in this
their home
way.'
He believes that unless the European 'We laughed together -
Commission is given sweeping powers at each other, with each
over taxation and spending, the single other, in spite of each
currency will always be vulnerable to other'
financial turbulence in individual states. BBC presenter Nick
Clarke's widow tells their
'If member countries cannot take the
inspirational story
next steps forward, the euro may fall
apart,' he added.
Does Leona Lewis
Last night, Greek prime minister George really need an assistant
Papandreou hit back at the 'speculators' to help her choose a
who he blames for preying on the cupcake?
country's troubles. Obviously this is
demanding work
Following a visit by EU economic
inspectors and experts from the
International Monetary Fund, he told the 'I have always wanted
country's parliament that the worst fears a baby. I was broody
about Greece's economy had been from the age of 14'
confirmed. Three single mothers
Greece is desperate to restore the explain why their babies
confidence of investors in its debt after don't need a father
revealing that the previous government Hitting back: Greek PM George
understated its budget deficit by half. Papandreou blames 'speculators' for
preying on the country's troubles The woman is naked -
Outlining the precarious nature of or looks like she is...
Greece's finances, Mr Papandreou said: she's in a cage, sliding
'There is only one dilemma: Will we let her fingers provocatively
the country go bankrupt or will we react? in and out of her mouth:
'Will we let the speculators strangle us, or will we take our fate in our own hands?' LIZ JONES on how pop
became porn
The Greek leader also called for more help from the EU with its debt crisis. Until now,
the EU has offered political support but no bailout. His parents were both
bisexual ego-maniacs
so how DID Zowie Bowie
turn out so normal?
You'd have seen him this
week picking a Bafta for
his film Moon

So why DID Vanessa

Redgrave the Red bend
the knee to royalty?
Once a rabid Marxist, her
extravagant curtsy was
the talk of the Baftas

My family of heroes:
Rory Bremner discovers
the bravery of the father
he barely knew
Donald Bremner was 53
when the impressionist
was born

Take your children to

work day: Angelina Jolie
and Courteney Cox take
Pax and Coco on set
Two Hollywood mothers
buck the trend for hiring
help

Coleen Rooney
continues her daily bikini
parade in Barbados with
a pink two piece
WAG debuted another
designer costume from
her extensive collection

With friends like this: The cover of the German magazine 'Focus' this week, which Today's headlines Most Read
shows the Venus de Milo giving the finger by a headline accusing Greece of
swindling its way into the euro Worst class post: One in four first class letters
fails to arrive on time
The desperate New Year sales that never ended
Man who broke the Bank of England George
Soros 'at centre of hedge funds plot to cash-in
on demise of the euro'
Woman who found coin worth £2,000 in garden
becomes first to be prosecuted for not reporting
treasure
Pub landlord given first smoking ban jail
sentence
Birthday anguish for parents of baby killed by
lamppost
'I see his frightened face': Mother reveals agony
of seeing son, 9, killed by electric gates
Cameron: It's make your mind up time
Mystery of memory loss man found on Brighton
 beach solved after fiancee comes forward
British security services have 'dubious record on
human rights', say judges
Three British tourists injured after cruise liner
hits harbour wall in Egypt
Single mother jailed for nine years for having sex
almost 200 times with 12-year-old boy
Teenager jailed for stabbing boyfriend to death
hours after she collected her A-level results
Boost for Brown as Britain makes better than
expected recovery from recession
'Racist' school bus drivers 'ignoring young girls
at bus stops who wear Muslim hijab'
Hospital admits failing paralysed man who died
after getting head trapped in bed railings
Row: Greek daily Eleftheros Typos ran this depiction of the statue of the goddess Hillary Clinton steps into Falklands row after
Victoria, atop the Siegessaeule in Berlin, holding a swastika earlier this week in 'feeble' Obama fails to back Britain in stand-off
reaction to the Focus cover with Argentina
Tsunami warning after magnitude 7.3 earthquake
But a row is still festering between Berlin and Athens over the crisis. hits coast of Japan
EU tells Google to warn cities before sending in
A Greek consumer group called for a
Street View cameras
boycott of German goods today after a
German magazine blasted the country Ex-wife claims £560,000... 30 years after marriage
as 'cheats. split
IVF clinic to help women have babies at 58
The new trade war came as Angela Now we can expect FIVE days of floods as storm
Merkel admitted the euro is in 'a difficult forecast to hit Britain on Sunday
situation' for the first time.
Met Office staff scoop £12m in bonuses over
She spoke as German magazine Focus five years (despite the wrong forecasts)
ran a cover image of the armless Venus Iceberg the size of Dorset could mean cold
de Milo somehow raising her middle winters ahead for Europe
finger under the headline 'Cheats in the Gaddafi calls for jihad against 'infidel'
euro family' to suggest that Greece Switzerland after minarets ban
deliberately misled EU peers to swindle
Ed Miliband latest victim of Twitter sex scam
its way into the euro.
Shop worker died after tumbling down just four
The cover sparked outrage in Greece, steps in front of customers
prompting the demands for a boycott. A
Greek newspaper has also hit back, MORE HEADLINES
running an image showing the statue of Woman who found coin worth £2,000 in garden
the goddess Victoria atop the Tight spot: German Chancellor Angela becomes first to be prosecuted for not reporting
Siegessaeule in Berlin holding a Merkel said the situation was 'difficult' treasure
swastika. Single mother who had sex with boy, 12, almost
200 times is jailed for nine years
'The falsification of a statue of Greek history, beauty and civilisation, from a time when
there (in Germany) they were eating bananas on trees is impermissible and Pub landlord given first smoking ban jail
unforgivable,' a statement from the Consumer Institute (INKA) said. sentence
'I see his frightened face': Mother reveals agony of
'Greeks are no crooks, we want the German government to condemn this most seeing son, 9, crushed to death by electric gates
improper publication,' said INKA president George Lakouritis. Battle of the beauties: Army medic preparing for
'If you have such friends, what do you need enemies for?' her third Afghanistan tour set to enter beauty
pageant
INKA distributed leaflets in central Athens and in front of German-owned consumer
Man who broke the Bank of England, George
electronics store Media Markt, urging Greeks to heed the boycott.
Soros, 'at centre of hedge funds plot to cash in on
Merkel's government has so far deflected appeals to promise aid to heavily indebted fall of the euro'
Greece. Opinion polls show that a majority of Germans oppose a bailout. Worst class post: One in four first class letters
fails to arrive on time, say devastating figures
Germany's ambassador to Greece, Wolfgang Schultheiss, said yesterday he regretted
that German press reports caused offence. 'Germany is firmly on Greece's side,' 'I know you, you're my fiance!' Mystery of memory
Schultheiss said after being summoned by Greece's parliament speaker Filippos loss man found on Brighton beach solved after
Petsalnikos. wife-to-be comes forward
Hillary Clinton steps into Falklands row after
But it wasn't enough for Mr Lakouritis. 'The ambassador's statements were not 'feeble' Obama fails to back Britain in stand-off
satisfactory,' he said. with Argentina
Yesterday Mrs Merkel admitted that Greece's debt crisis has plunged the euro into a 'Racist' school bus drivers 'refusing to stop for
‘difficult situation'. young Muslim girls who are wearing the hijab'
Five days of flood warnings as storms forecast
The admission from the leader of Europe's biggest economy prompted fresh fears
to hit Britain on Sunday
about the collapse of the single currency.
The desperate New Year sales that never ended
In the gravest sign yet of the international threat posed by Greece’s crippling debt Shop worker killed after falling down four steps
crisis, Mrs Merkel warned for the first time that the eurozone faces a ‘ dangerous’ 'was trying not to spill tea'
period.  My family of heroes: Rory Bremner discovers the
  bravery of the father he barely knew
Wimp...or a man of principle? Cuckold Wayne
Print this article Read later Email to a friend Bridge snubs England by refusing to play with
John Terry at World Cup
Share this article: Three British tourists injured after cruise liner hits
harbour wall in Egypt
Pictured: The baby boy crushed to death by a
Digg it Del.icio.us Reddit Newsvine Nowpublic StumbleUpon Facebook MySpace Fark falling lamppost who would have celebrated his
first birthday today
So why DID Redgrave the Red bend the knee to
royalty? The hyposcrisy of a former Marxist
Ed Miliband latest victim of Twitter scam as sex
message and viagra link sent to 7,000 followers
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pledges
Here's what readers have had to say so far. Why not add your thoughts below, or Teenager jailed for stabbing boyfriend to death
debate this issue live on our message boards. hours after she collected her A-level results
The comments below have not been moderated. Pictured: The woman who wants a £560,000
payout 25 years after divorcing her QC husband
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predator's natural instinct

 Who owns the magazines in both Greece and Germany; do they belong to the same Photographer captures amazing images of lions
people who would profit from the demise of the Euro. Those speculating against after submerging himself in watering hole for
the Euro probably have nightmares about Germany aiding Greece, so they divide three months
and conquer. The people who own the magazines, who own the media, who head
MOST READ IN DETAIL
Goldman Sachs and JP Morgan, they count George Soros as one of their own. I get
a picture of a group of men sitting around a table and rubbing their hands together
saying, "good, good, our plans are working."
- Giz, Delta, Canada., 27/2/2010 03:26

Report abuse Click to rate     Rating (0)

So Josh of New York has 200 comments entered ( well based on averages - re
open comments page ) Who has the other 140?

Come on George let's see what you're made of, if you can't shut down this home
made coin and the bunch of greedy wasters who introduced it, I won't be able to
watch EU Bank close. And I so want to see that .
- mick blair, thailand, 27/2/2010 03:09

Report abuse Click to rate     Rating   1

The following paragraph from the story is the key: "He believes that unless the
European Commission is given sweeping powers over taxation and spending, the
single currency will always be vulnerable to financial turbulence in individual
states." George Soros and his socialist allies want a one world government with EDITOR'S SIX OF THE BEST
themselves in charge and everyone else as serfs. A stronger, more totalitarian LEO MCKINSTRY: The sinister forces behind the
European Community is the stepping stone to this goal. Mr Soros has caused threat to banish school skirts
misery for literally millions of people. I may be mistaken but I thought that he was a
Labour's hypocrisy over migrants: How the party is
wanted man in the UK.
trying to woo voters with tactics that would shame
- Tom Langley, Bowling Green, Kentucky, the BNP
USA, 27/2/2010 03:01 Monsters of the River Kwai: Memories of a British
Report abuse Click to rate     Rating   1 PoW that MUST be read by those lucky enough to
have lived in peacetime
Soros is the Enemy of The Common Man (& Woman). Soros has made his billions The fiancée formula: Academics work out the best 
by capitalizing upon the economic miseries of various lands and people's when time to propose
their currencies ran into trouble. He has ruined whole small nations, just like his pal Not happy with your name? Spare a thought for
Obama wants to do to America and through his pals (Soros and Co.) Europe too. Barb Dwyer, Paige Turner and Terry Bull
These liberal, Progressive elitist power-mongers want control above all. They are
Now that's what we call fly-tipping: The illegal dump
just using the leftist template (of Marxist control methods) for their model of
with two planes (not to mention a caravan, two
overthrowing the world's nations and along with that, the freedom of the world's
boats and a van)
people. They want to resurrect the monarchies and vassal control mechanisms of
Old Europe to resurrect their elitist "Philosopher Kingdom".
- Miguel, Sacramento, USA, 27/2/2010 02:47

Report abuse Click to rate     Rating   6 ADVERTORIAL FEATURES

Try Life in Another
josh new york,why did you have to post the same comment 4 times?
Language
- malc r, derby, 27/2/2010 02:45 Find out why choosing a
language GCSE could be
Report abuse Click to rate     Rating   1 right for your child.

Totally did not know that Germans had banana agriculture in 100 BC. Seems this is
relevant to the global warming debate as I have never heard of a German banana in
modern times. WaitroseEntertaining
Win £200 to spend on
- George Brown, Toledo USA, 27/2/2010
02:44 Waitrose Entertaining

Report abuse Click to rate     Rating   3

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