Who Will Protect The Fleeced If Everyone Is On The Take? - Investors.com
Katya Wachtel and Sam Forgione of Reuters wrote this in a recent investment recap piece:
"Billionaire investor George Soros dumped 7.85 million shares of US Airways Group in the second quarter, a regulatory filing on Wednesday showed. It was a timely move by the investor's Soros Fund Management.
"On Tuesday, the U.S. Justice Department filed a lawsuit to block the proposed merger of US Airways and AMR Corp., the parent company of American Airlines."
Timely move indeed, as U.S. Airways stock dropped more than 15% in value in the two days after the Justice Department action was announced.
Read More At Investor's Business Daily: http://news.investors.com/ibd-editorials-perspective/082013-668146-close-ties-between-big-government-big-investors-troubling.htm#ixzz2cYOvdgTz
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This is how to play the Market in Obama Times.
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