Thailand Hotels

5Apr/106

George Soros Hated In Thailand?

BANGKOK, Thailand -- Billionaire George Soros has cancelled a planned visit to Thailand amid threats from protesters who blame him for the Asian economic crisis.

The protesters threatened to pelt Soros, a financier who operates out of New York, with excrement and rotten eggs.

They accuse him of speculating on the That baht in early 1998, causing it to be devalued and setting off a wave of panic across the region that caused shares indexes to crash, currencies to plunge and commodity prices to hit long-term lows.

The ensuing financial crisis eventually spread to emerging markets in Russia and Latin America.

An official at the Foreign Correspondent Club of Thailand (FCCT), which had organized a speech by Soros at Bangkok's famous Oriental Hotel on Thursday, said Soros had pulled out of the event

http://edition.cnn.com/2001/WORLD/asiapcf/southeast/01/29/thailand.soros/

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  1. bad karma always comes back to haunt you

  2. That’s a good one. Their probably not too happy with him.

  3. If we dont watch this bastard he will do the same here.

  4. This might be a good time for him to pull all of his investments out of there too.

  5. Apparently so.

  6. Y E S!! Glad to hear about this idiot having to
    cancel his meeting. They should do the same thing every where he goes!!!


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