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Thursday, February 24, 2011

George Soros on Middle East, Economy & Glenn Beck

George Soros talks to Fareed Zakaria about the Middle East, the US economy under President Obama (he doesn't like how it is being handled - he would have liked to have seen the banks nationalized rather than bailed out) and he has a few word of warning about Glenn Beck and the merchants of FEAR.

Sunday, February 20, 2011

George Soros responds to Glenn Beck and Fox News

George Soros responds to Glenn Beck and Fox News : Billionaire left-wing financier says Murdoch 'media empire' is telling people falsehoods to lead the government in the wrong direction
Soros rips Fox News, Murdoch: 'It has imported the methods of George Orwell, you know, newspeak'

Sunday, February 6, 2011

George Soros on India, China growth

Comparisons between India and China are frequent and inevitable. After all, both are key propellers for the world economy right now. But which story is more robust - is it the India story or the China story? In an exclusive interview to NDTV at Davos, legendary financier and billionaire philanthropist George Soros takes stock of the risks to both China and India.

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George Soros was born in Budapest, Hungary, in 1930. His father was taken prisoner during World War I and eventually fled from captivity in Russia to reunite with his family in Budapest. Soros was thirteen years old when Hitler's Wehrmacht seized Hungary and began deporting the country's Jews to extermination camps. In 1946, as the Soviet Union was taking control of the country, Soros attended a conference in the West and defected. He emigrated in 1947 to England, supported himself by working as a railroad porter and a restaurant waiter, graduated in 1952 from the London School of Economics, and obtained an entry-level position with an investment bank.

In 1956, Soros immigrated to the United States, working as a trader and analyst until 1963. During that time, he developed his own theory of markets called 'reflexivity', which he has laid out in his recent books THE ALCHEMY OF FINANCE and THE CREDIT CRISIS OF 2008 AND WHAT IT MEANS. In 1967 he helped establish an offshore investment fund; and in 1973 he set up a private investment firm that eventually evolved into the Quantum Fund, one of the first hedge funds, through which he accumulated a vast fortune.