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FarCenter

(19,429 posts)
Sun Aug 19, 2012, 12:01 PM Aug 2012

Lord Rothschild takes £130m bet against the euro

The member of the banking dynasty has taken the position through RIT Capital Partners, the £1.9bn investment trust of which he is executive chairman.

The fact that the former investment banker, a senior member of the Rothschild family, has taken such a view will be seen as a further negative for the currency.

The latest omen follows news in The Daily Telegraph late last week that the government of Finland is already preparing for the euro’s break-up.

RIT, which Lord Rothschild has led since 1988, had a -7pc net short position in terms of principal currency exposures on the euro at the end of July, up from -3pc at the end of January. Given a net asset value of £1.836bn at the end of July, the position is worth £128m.

http://www.telegraph.co.uk/finance/financialcrisis/9484435/Lord-Rothschild-takes-130m-bet-against-the-euro.html

No doubt small compared with George Soros' position.

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Lord Rothschild takes £130m bet against the euro (Original Post) FarCenter Aug 2012 OP
Since 1988 ?? try 1500's or before orpupilofnature57 Aug 2012 #1
A central or THE central family of the global Plutocracy? Zalatix Aug 2012 #2
With the help of nouveau riche misanthropes.... orpupilofnature57 Aug 2012 #3
The Walkers are interesting too. FarCenter Aug 2012 #4
Anti-Semitic anti-Fed conspiracy theories in 3, 2, 1... Odin2005 Aug 2012 #5
Pray do tell ? orpupilofnature57 Aug 2012 #6
The Rothschilds are just one super-rich family out of hundreds. Odin2005 Aug 2012 #7
9,256 posts and have never been accused of orpupilofnature57 Aug 2012 #8

Odin2005

(53,521 posts)
7. The Rothschilds are just one super-rich family out of hundreds.
Sun Aug 19, 2012, 09:27 PM
Aug 2012

Singling the most well know Jewish family in the Super-Rich Club is usually a prelude to the anti-Semitic BS the "End The Fed" Libertarian assholes spew.

 

orpupilofnature57

(15,472 posts)
8. 9,256 posts and have never been accused of
Sun Aug 19, 2012, 09:50 PM
Aug 2012

being Anti-Semitic ,I have been accused of calling the 1% what they are ,the problem.

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