SOROS WOULD MAKE IT HARDER FOR PEOPLE LIKE HIM TO MAKE BILLIONS
Billionaire George Soros has been advocating for, as he wrote recently at TheMotleyFool, regulations that are "international in scope."
By Mark Memmott
The man who famously "broke the Bank of England" in the early '90s by playing within the regulatory system of the time to make $1 billion as the pound sterling crumbled, continues to make the case for better regulations that would make it much harder for people like him to make so much money.
In a conversation earlier today with Morning Edition co-host Steve Inskeep, readily admitted that "it would have denied me some opportunities for making money" if rules and regulations had been tighter over the years.
Soros has just published a new book, The Soros Lectures, which spells out his thinking on "finance, capitalism and open society."
Soros has just published a new book, The Soros Lectures, which spells out his thinking on "finance, capitalism and open society."
This video offers a taste of what those lectures were like: http://link.brightcove.com/services/player/bcpid1125995047?bctid=49755285001
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here you can load the second lecture as well which is named "Financial Markets". This book is published in 2010.
....and is the cause of the Monitary Crisis in Asia back in 1997.....many businisses went bust.......putting many indonesian out of work.....
ReplyDeleteI know that but... we are living in 2010 today, not 1997.
ReplyDeletePlease read what he is writing since more than 10 years and giving conferences about all over the world ( specially where the power men& women of the world use to meet: Davos, etc).
He made mistakes, and he knows it.... and he is contributing now to create a more human system where it must be done first: with the ideas.
After that first step (is occuring now, today, right now) you can reach the goal but not before...
And he is investing millions of US $ where ist most needed today too...
"Errare humanum est" used to say the romans... and to correct the mistakes too!