Soros on the banking crisis: "A deep recession is now inevitable and the possibility of a depression cannot be ruled out. When I predicted earlier this year that we were facing the worst financial crisis since the 1930s, I did not anticipate that conditions would deteriorate so badly." - Soros lays out some ideas about what can be done to fix the markets ... Planet money had another nicely done piece on the debacle last Friday.
posted by specialk420
on Nov 10, 2008 -
AestheticallyUnappealingBedfellowsFilter: "George Soros initiated holdings in Oil Equipment & Services company Halliburton Co.. His purchase prices were between $27.62 and $33.53, with an estimated average price of $31.3. The impact to his portfolio due to this purchase was 2.02%. His holdings was 1,999,450 shares as of 12/31/2006. Halliburton Co. closed today at $30.05." Maybe he's 'culture jamming'? Might raise some amusing ethical conundra in any case.
posted by waxbanks
on Mar 1, 2007 -