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To: Les H who wrote (176503)	6/30/2002 5:31:58 PM
From: Les H	Read Replies (2) \| Respond to of 436258

Dear Mr. Greenspan worth.com

To: Les H who wrote (176503)	6/30/2002 6:18:34 PM
From: maceng2	Respond to of 436258

Soros told the BBC as he gave a frank assessment of business morality during George Bush's tenure as president. I think he needs to look back a bit further then just GB's reign. That really is smudging over a lot of history. To call it the "Bush Bear" market is a bit much too. The British civil engineering business built Roads, Power Stations, and Bridges until the late eighties. They just built more prisons after that. I know that fact real well. Apart from the stupid dome, very little has been built since. Not as if we don't need drains in this country now that about a third of houses are uninsurable because of flood damage problems. I could blame a very small minority of folks for that quite easily too. The dorks are very thick on the ground these days, even so called "Financier-turned-philanthropist billionaires"

To: Les H who wrote (176503)	6/30/2002 7:32:04 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Lately Soros has it's own reasons to wish for a slide in the USD. He lost billions in 1998 due to LTCM in Russia and then he lost billions in the bubble (if any one remembers April 2000) He was a non believer but decided to join in as every one else and got burned badly. For the last few years with all the gains he gave them back and now he is at a substantial loss, even that he went short in summer 2001. IMHO he still tries to capitalize on his history and benefit from his predictions ............ but things have changed

To: Les H who wrote (176503)	6/30/2002 8:01:10 PM
From: Haim R. Branisteanu	Respond to of 436258

Les, was rethinking my previous answer and Soros USD bashing. I have a very simple question to his theories. Nothing from what he mention in his BBC interview has changed since February March this year. The same conclusion were valid also then with the USD index at 118 to 120. If Soros is such a canny investor with so much inside as the market wants to attribute him, then were was Soros and his wisdom in March this year ? Enlighten me why this conclusion was not valid 5 months ago ?? (when tippet bought his BEGBX ?? at EUR/USD of 0.865) Soros told the BBC as he gave a frank assessment of business morality during George Bush's tenure as president. Soros said he believed that in part the large number of US corporate failures was "normal fall-out of the preceding boom", though he also blamed them on the "anything goes culture", which he said is now entirely ingrained in US finance and politics. "The fact it is so widespread raises more far reaching issues about the values that guide us - not just in business, but in politics and life," he told the Breakfast with Frost Programme. ....... or may be he is short the USD and long the EUR and wants to cover but would like the USD a bit lower so no one could notice that he covers