Ravi
Diamond Member
I doubt it. He's not the only one investing and this has been in the news as a good investment for several months.This loan doesn't use tax dollars, just so you know. Might want to edit that inaccuracy in the subject line and original post, unless it's your direct goal to spread misinformation.
Meanwhile, it looks like Soros just bought into the stock first quarter of this year. Did I understand that part correctly? Sounds like someone needs to look into whether he got wind of this loan and the possibility that he ussed that knowledge for personal gain. Pretty sure that sort of thing isn't allowed.
The Export Import Bank lent money to PetroBras so it could buy American made goods. The loan has nothing to do with Soros.
Its all just nonsense.
The loan itself is exactly what that bank was created to do; that's not what I'm saying. Soros, if i'm not mistaken, is in a position to get knowledge of such deals - or the possibility of such deals - in advance. If I understood correctly that he just bought into this deal during the first quarter of this year, then he could potentially have purchased on that basis. It's like insider trader. It's unethical and should be looked into - again, if I'm correct about the timing of the purchase.
The rest of the thread is just more bed wetting nonsense from the paranoid right wing.