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George Soros: America Must Face Up To The Dangers Of Derivatives

First Posted: 06/23/10 06:12 AM ET Updated: 05/25/11 05:15 PM ET

George Soros Derivatives

George Soros:

The US Security and Exchange Commission's civil suit against Goldman Sachs will be vigorously contested by the defendant. It is interesting to speculate which side will win; but we will not know the result for months. Irrespective of the eventual outcome, however, the case has far-reaching implications for the financial reform legislation Congress is considering.

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Filed by Jeff Muskus  |