reuters.com - 2/22/2009
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NEW YORK (Reuters) - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Soros said the turbulence is actually more severe than during the Great Depression, comparing ...
itulip.com - 2/24/2009
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itulip.com —
http://www.itulip.com/images/roadtoruin.jpg *Road to Ruin: Final stretch* *A bull
market in chaos* by Eric Janszen (February 23, 2009)*The...
credit...
(more)
Road to Ruin: Final stretch
biz.yahoo.com - 2/21/2009
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biz.yahoo.com —
NEW YORK (AP) -- "Even the experts don't
quite know what's going on." Speaking to a number...
of those experts Friday, Paul Volcker, a top economic adviser to President Barack Obama, cited not only the lack of understanding of the global financial ...
(more)
Volcker sees crisis leading to global regulation: ...
fistfulofeuros.net - 2/19/2009
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fistfulofeuros.net —
George Soros has an opinion editorial in the
Financial Times today endorsing the call for EU Bonds....
Apart from the fact that he, more than anyone, should be aware of just how dramatically pressure in financial markets can lead to the break-up of a common monetary system, the article makes many ...
(more)
Soros Joins The Call For EU Bonds
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Soros sees no bottom for world financial collapse
Emini Addict —
... comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama. Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain. "I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said. Soros sees no bottom for world financial collapse | U.S. | Reuters ...
Words From the Investment Wise Mar 1, 2009
The Big Picture —
... functioning of the market system.
“‘We witnessed the collapse of the financial system,’ Soros said at a Columbia University dinner. ‘It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.’
“His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama.”
Source: Reuters, February 21, 2009.
Bloomberg: John Bogle says recession may last another ...
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Some thoughts on recent market action, and George Soros
tuckerreport.com 10/17/2009 —
Many financial markets continue on what seems to be a never-ending path upward as the dollar continues on its path downward. The chart above shows the daily action of the etfs representing the S&P 500 in the upper sub-graph, and the Nasdaq 100 in the lower. Trends in both are clearly up. ...
George Soros is the latest to predict a big shakeout in hedge funds
wallstfolly.typepad.com 10/29/2008 — Billionaire U.S. investor George Soros expects the global financial crisis to reduce the hedge fund industry to as little as one-third of its current size, he said on Tuesday."The hedge fund industry is going to move through a shakeout," Soros...
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Soros to invest $50m in economic think
ft.com 10/27/2009 — Soros to invest $50m in economic think-tank By Alan Rappeport in New York Published: October 27 2009 14:20 | Last updated: October 27 2009 14:20 George Soros, the fund manager, has pledged $50m to back a new think-tank with the mission of reconceiving ...
Financial fraud: Howzat! —
The Economist: Full print edition 2/19/2009
Shocking allegations against Stanford Group, so soon after the arrest of Bernard Madoff, suggest this will be a fraud-infested downturn HOUSTON has not seen anything like it since the collapse of Enron. On February 17th federal agents swooped on Sir ...