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George Soros on the Financial Crisis

Posted by JOE WINDISH, Technology Editor in Economy.
Oct 13th, 2008 | Comments


Moyers interviews Soros. Part 1 above. Part 2. Part 3.

Soros’ charitable giving infuriates many, but his take on the financial crisis has been sound. No fan of Paulson, weeks ago he said Paulson cannot be allowed a blank cheque. In the Financial Times today: How to capitalise the banks and save finance.

  • Dave_Schuler
    I can't speak for anyone else but it's not Mr. Soros's “charitable giving” nor his political preferences whatever they may be that concern me. It's that he's a currency trader and currency traders prospers in times of upheaval and great uncertainty. The worst thing that could happen to Mr. Soros is if the dollar were so strong and secure it were adopted as the universal currency.

    I can't tell whether Mr. Soros does his giving and providing of advice out of altruism or self-interest.
  • DLS
    It's self-interest, or out of bitterness if anti-speculative efforts have already been undertaken by the developed world and in other nations as well.
  • CStanley
    I had to laugh at the "charitable giving" phrase too.
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