News Blog > Hedgy makes 10x profit betting against US subprime …

Nov 26, 2007   //   by Admin   //   Sell Scrap Gold  //  Comments Off

“Our entire banking system is a complete disaster,” he wrote. “In my opinion, nearly every major bank would be insolvent if they marked their assets to market.” He also said he would be putting some of his own profits into gold and …

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