Home > Conspiracy > Who ‘Made $10 Billion on 10/1 Bet That U.S. Credit Rating Would be Downgraded’?

Who ‘Made $10 Billion on 10/1 Bet That U.S. Credit Rating Would be Downgraded’?

Tuesday, 09 August 2011 09:08

‘A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating.

Now questions are being asked of whether the trader had inside information before placing the $850million bet in the futures market, or if the bet happened at all. There were mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved.’

Read more: Who ‘Made $10 Billion on 10/1 Bet That U.S. Credit Rating Would be Downgraded’?

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