SOROS TO BUY STAKE IN INDIAN EXCHANGE FROM DUBAI FUND

Knowledgeable sources said yesterday that George Soros via his Soros Fund Management is in advanced talks to buy a 4% stake in India’s Bombay Stock Exchange (BSE) for US$35-US$40mil from Dubai Financial which is part of sovereign fund Dubai Holding , .

George Soros to acquire a 4% Stake in Bombay Stock Exchange

Billionaire investor George Soros is set to acquire a 4% stake in the Bombay Stock Exchange (BSE), according to a Financial Times report.Citing individuals close to the matter, the newspaper reported that Soros Fund Management is looking to buy out Dubai Holding's stake in the 135-year old exchange, for $40 million. That would value India's premier exchange at $1 billion.
Source www.thestreet.com

George Soros on The Financial Reform Bill

The Bill does not really adjust the problems of the system says Philanthropist and Billionaire investor George Soros , the just-passed Bill will impose new regulations on the banking system before the banks have recovered sufficiently to cope with new restrictions on their activities.The Bill comes in a time when the Banking system is still fragile and the banks have not recovered sufficiently .
“The banking system still needs to earn its way out of a hole,” Soros said at a panel discussion at the Hamptons Institute in East Hampton, New York.

In that sense the bill has come "too early." While Soros said of the bill it "is good to have it done," he said the new legislation "doesn't address the problems in the system."

Soros and Sequoia-backed Indian Microlender Going Public

SKS Microfinance, an Indian micro-lender, which is backed by George Soros and venture capital firm Sequoia Capital, reportedly has raised its expectations for its initial public offering to $347 million.
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George Soros : U.S. Bank Reform Good but Too Early

Philanthropist and Billionaire investor George Soros  said the just-passed U.S. financial overhaul bill comes in a time when the Banking system is still fragile andthe banks have not recovered sufficiently to cope with new restrictions on their activities.

"The banking system still needs to earn its way out of a hole," Soros said at a panel discussion at the Hamptons Institute in East Hampton, New York.

In that sense the bill has come "too early." While Soros said of the bill it "is good to have it done," he said the new legislation "doesn't address the problems in the system."
via abc news

Soros : The timing is wrong to cut the stimulus

“I think the timing is wrong with withdrawing the stimulus,” “Cutting employment benefits, cutting aid to states that are losing tax revenue, these are counterproductive because you can only grow your way out” George Soros said at the Hamptons Institute in East Hampton, New York on July 16.
via bloomberg

Soros purchase 5.1 percent of Comverse shares

Billionaire hedge-fund manager George Soros has recently purchased 5.1 percent of Comverse's shares , in a reported $80 million gamble on the company. He is now an interested shareholder.
Soros made the purchase through his family investment fund, Soros Fund Management. Soros Fund Management also owns shares in the Chinese Internet company Alibaba, Bank of America, Pfizer, Ford, CitiBank, seed company Monsanto, Brazilian gas giant Petrobras and AT&T.
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George Soros Quantum Picks Up Stake In IPO-Bound SKS For Rs 19Cr

George Soros Quantum Picks Up Stake In IPO-Bound SKS For Rs 19Cr
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Soros : U.S. Shouldnt Cut Stimulus as Inflation Contained

“I think the timing is wrong with withdrawing the stimulus,”
“Cutting employment benefits, cutting aid to states that are losing tax revenue, these are counterproductive because you can only grow your way out” of the financial crisis, " Soros said at the Hamptons Institute in East Hampton, New York on July 16.
via Bloomberg

George Soros : We Have Just Entered Act II Of Crisis

News Update: Investor Soros Believes 'We Have Just Entered Act II' Of Crisis

6/10/2010- George Soros said "we have just entered Act II" of the crisis in Europe as fiscal issues worsen and governments are being pressured to curb budget deficits that could cause a double-dip recession, according to a Bloomberg report.

"The collapse of the financial system as we know it is real, and the crisis is far from over. Indeed, we have just entered Act II of the drama," Soros said at a conference in Vienna.

He added that the current situation is reminiscent of the 1930s with governments under pressure to reduce their budget deficits while the economic recovery is weak.

George Soros PBS interview

George Soros explains the New Global Order :