Soros Moves Markets With Words--And the Muscle Of $8 Billion In Funds
PROFILE
International financier and currency speculator George Soros--who reportedly made $1 billion betting against the British pound last fall and also gained from his recent moves in the gold market--has earned a good deal of respect from the FX market, but has also created considerable resentment.
Traders in New York say that Soros's lightest public utterance now has the power to move markets, because behind him he has the muscle of four funds with some $8 billion under management, which enable him
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