Tuesday, April 08, 2008

Soros: “Worst financial crisis since the 1930s”

George Soros, the legendary financier and philanthropist, has written a new book, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means.

Mr. Soros’ opening sentence summarizes his sense of urgency about the turmoil in the financial world, where he is one of the most successful and enduring of investors:

“We are in the midst of the worst financial crisis since the 1930s.”

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