Speculation on speculators
Carl Remick
cremick at rlmnet.com
Tue Oct 6 06:07:53 PDT 1998
Thought this was a choice quote, from the Financial Times' John
Plender's column on "Western Crony Capitalism" (10/4):
"If there is something genuinely unusual in the present crisis, it is
that the doyen of the hedge fund managers, George Soros himself, is
arguing for draconian re-regulation. In effect, his message is: 'Stop me
before I kill again.' As one seasoned analyst remarks, while Mr Soros
worries upstairs about the world, his manager Stanley Druckenmiller asks
all comers below, "what should I be shorting today?" Do the policymakers
in Washington have the will to rise to Mr Soros's challenge?"
Carl Remick
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