Interview of George Soros - The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means
Here is recent Charlie Rose interview on April 10, 2008 where George Soros , the global speculator and hedge fund manager, discusses his latest book The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means. Soros talks about the current financial crisis and its impact on America's position in the world, as well as how these problems are the result of a flawed paradigm.
Video of the interview can also be viewed here.
Great books authored or related to George Soros:
Who is George Soros?
Currently, Gerge Soros is the chairman of Soros Fund Management and the Open Society Institute and is also a former member of the Board of Directors of the Council on Foreign Relations. According to his own website, Soros claims his support for the Solidarity labour movement in Poland, as well as the Czechoslovak human rights organization Charter 77, contributed to ending Soviet Union political dominance in those countries. His funding and organization of Georgia's Rose Revolution was considered by Russian and Western observers to have been crucial to its success, although Soros said his role has been "greatly exaggerated." In the United States, he is known for having donated large sums of money in a failed effort to defeat President George W. Bush's bid for re-election in 2004. On BookTV, November 12, 2007, he said that he supports Barack Obama for the Democratic candidate in the 2008 election, but says that John Edwards, Hillary Clinton, or Joe Biden are all fine candidates, as well.
Soros is famously known for "breaking the Bank of England" on Black Wednesday in 1992. With an estimated current net worth of around $8.5 billion, he is ranked by Forbes as the 80th-richest person in the world.
Former Federal Reserve Chairman Paul Volcker wrote in 2003 in the foreword of Soros' book The Alchemy of Finance:
- "George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormous winnings is now devoted to encouraging transitional and emerging nations to become 'open societies,' open not only in the sense of freedom of commerce but - more important - tolerant of new ideas and different modes of thinking and behavior."
(Source: Wikipedia)
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