Posts Tagged ‘soros’

George Soros Holds Forth On Derivatives And Regulation

George Soros weighed in on derivatives and financial system regulation during a trip to China. He didn’t pull any punches on either subject. He has scant use for derivatives in general and believes credit default swaps are “instruments of destruction” that need to be outlawed. From Reuters: He said one financial institution that discovered to […]

A Couple Smart Guys Say We’re FUBAR

I was ready to give up and get some sleep when I ran across this one. It’s from Reuters and I’ll just paste it in here so you have something to think about as you go to sleep. NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively […]