"We are in the midst of the worst financial crisis in 30 years"
Related
Ron Paul Interview
Markets News Friday: Brent crude price above $146 in London; UBS says it may avoid a loss in Q2; Nikkei 225 in longest losing streak in 54 years
Even Buffett fortunes slump 20pc as bears maul Berkshire
Oil Rises for Second Week as Investors Seek Stocks Alternatives
Deutsche Bank’s Jain: Crisis is Solvency, Not Liquidity
Why the British Economy Will Plunge Into Depression
American Airlines to cut 8% of staff: 7000 jobs
George Soros
© Fabrice Coffrini/AFP
George Soros, Chairman of Soros Fund Management, has been calling for a better regulation of the financial markets for a long time
He made billions with his hedge funds and betting on currencies. But George Soros sees himself rather as a philosopher and critic of the world economical system. In an interview with stern Magazine he warns about the consequences of the financial crisis, which so far shattered mainly the real estate market.
Mr. Soros, how does it feel being a speculator, these days?
Soros hesitates, finally laughs. It is not always easy. Yet, when people ask about my profession, I say: Yes, I am a speculator. I am a financial, as well as a philanthropic and philosophic, speculator. And in this wider sense, I am proud of being a speculator.
In a recent interview with stern Magazine, German President Horst Koehler referred to the international financial markets, where you, over the past year, made billions of dollars, as a "monster". Are you stung by this criticism?
--MORE--
Ron Paul Interview
Markets News Friday: Brent crude price above $146 in London; UBS says it may avoid a loss in Q2; Nikkei 225 in longest losing streak in 54 years
Even Buffett fortunes slump 20pc as bears maul Berkshire
Oil Rises for Second Week as Investors Seek Stocks Alternatives
Deutsche Bank’s Jain: Crisis is Solvency, Not Liquidity
Why the British Economy Will Plunge Into Depression
American Airlines to cut 8% of staff: 7000 jobs
George Soros
© Fabrice Coffrini/AFP
George Soros, Chairman of Soros Fund Management, has been calling for a better regulation of the financial markets for a long time
He made billions with his hedge funds and betting on currencies. But George Soros sees himself rather as a philosopher and critic of the world economical system. In an interview with stern Magazine he warns about the consequences of the financial crisis, which so far shattered mainly the real estate market.
Mr. Soros, how does it feel being a speculator, these days?
Soros hesitates, finally laughs. It is not always easy. Yet, when people ask about my profession, I say: Yes, I am a speculator. I am a financial, as well as a philanthropic and philosophic, speculator. And in this wider sense, I am proud of being a speculator.
In a recent interview with stern Magazine, German President Horst Koehler referred to the international financial markets, where you, over the past year, made billions of dollars, as a "monster". Are you stung by this criticism?
--MORE--