George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Wednesday, February 13, 2013

George Soros says he likes 'cap and trade' because it can be 'gamed'

Soros likes cap and trade because it can be "gamed:"

12/4/09, "Carbon Capitalists Warming to Climate Market using Derivatives," Bloomberg, by A. Kassenar

(subhead, 'Not convinced'): "Even George Soros, the billionaire hedge fund operator, says money managers would find ways to manipulate cap-and-trade markets.

“The system can be gamed,” Soros, 79, remarked at a London School of Economics seminar in July. 

“That’s why financial types like me like it -- because there are financial opportunities.”...

In carbon markets, many of the derivatives would be futures, options and swaps that would allow a company to lock in a price for carbon like it would for any other commodity related to its business..."...




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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.