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To: Dealer who wrote (37700)6/8/2001 11:27:51 PM
From: Bob Pittsfield  Respond to of 65232
 
Great post Dealie. Sure makes me feel good to know that others are as confused as I am.<GG> Have a great weekend!

Bob



To: Dealer who wrote (37700)6/9/2001 4:27:39 PM
From: stockman_scott  Respond to of 65232
 
A job opening in a high profile $11 Billion Hedge Fund...
_______________________________________________________
George Soros Reportedly Seeks Successor

Jun 9 1:35pm ET

<<NEW YORK (Reuters) - George Soros, one of the world's most savvy and powerful financiers, is hunting for someone to run his $11 billion Soros Fund Management group, the New York Times reported on Saturday.

Soros already has hired a headhunter to find a new chief investment officer "to take charge and replace me," Soros told the paper in a phone interview.

"It's a chief investment officer in charge of the in-house portion of the equity portfolio, with a view that he could take control of the entire portfolio eventually," Soros added, according to the paper.

Soros's former top lieutenant, Stanley Druckenmiller, left the group last year to set up his own shop. Soros has taken a more active role in managing his group's funds since then, but now wants to focus on philanthropy, the paper said.

Soros Fund Management was not immediately available for comment on Saturday.

The Hungary-born speculator's hedge funds, or investment funds for the wealthy, became known for taking big bets on macroeconomic trends. Soros in the early 1990s earned the nick-name "the man who broke the pound," when he made a bet against the British currency that netted him at least $1 billion.>>