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Article posted Aug 20 2012, 8:31 AM Category: Economy Source: The Telegraph Print

Lord Rothschild takes £130m bet against the euro


The member of the banking dynasty has taken the position through RIT Capital Partners, the £1.9bn investment trust of which he is executive chairman.

...RIT, which Lord Rothschild has led since 1988, had a -7pc net short position in terms of principal currency exposures on the euro at the end of July, up from -3pc at the end of January. Given a net asset value of £1.836bn at the end of July, the position is worth £128m.

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Comments Add Comment Page 1 of 1
Amerikagulag

Posted: Aug 21 2012, 3:46 PM

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99147 It's called "INSIDER TRADING". The Rothschilds control the worlds economic center and the central banks of Europe. Why shouldn't find it shocking at all that the leader of the crime syndicate would take a bet on what he knows will happen.


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