FOX Business Network’s (FBN) Senior Correspondent Charles Gasparino reports Soros Fund Management CEO, George Soros, “is firing outside managers for poor performance,” and that the fund is “fending off speculation that in January the fund took massive losses.”
On taking massive losses in January:
“The fund is fending off speculation that in January, the massive turbulence both with the currencies and the oil prices and the stock market, that the fund took massive losses.”
On CEO George Soros firing outside managers:
“He is firing outside managers for their poor performance.”
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