All Posts Tagged With: "Financial Meltdown"
Goerge Soros: Financial Crisis Is the ‘End of an Era’
Billionaire investor George Soros told Mill Moyers on PBS that this is the “end of an era.”
Soros predicted the crisis in subprime loans punctured the lung of the financial markets.
In the interview, Soros slammed Treasury Sectretary Hank Paulson. He said the onetime Goldman Sachs boss was part of the very Wall Street system of “financial engineering” that caused the crisis in the first place.
Bernanke and His Merry Men Rob Wall Street to Pay off Main Street
Those who were blindsided by the recent financial meltdown are now loudly blaming the “free market” for its failure to police its own excesses, and are calling for greater regulation to prevent future disasters.
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