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George Soros' family fund purchased $2B of the European debt formerly owned by MF Global in the...

George Soros' family fund purchased $2B of the European debt formerly owned by MF Global in the days following its collapse, according to sources. The buy includes a large amount of Italian paper set to mature in Dec. 2012, so it's safe to say Soros and his CIO Scott Bessent have faith there will be no default before then.

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MFGLQ--
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