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George Soros

A Plan for Economic Recovery

George Soros | Posted 05.25.2011 | Business
George Soros

We are facing the prospect of global deflation and depression. But I believe the situation could be turned around by adopting a bold and comprehensive program. Unfortunately, Treasury Secretary Geithner has not presented a convincing case.

Soros: No Bottom For World Financial "Collapse"

Reuters | Posted 05.25.2011 | Business

Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near...

Michael Phelps In Good Company

Keith Thomson | Posted 05.25.2011 | Green
Keith Thomson

According to a 2002 Time/CNN poll, 47% of Americans have smoked marijuana. Here's a list of famous users and advocates of the plant.

George Soros: I Made Money from the Crisis (VIDEO)

Thomas Crampton | Posted 05.25.2011 | Business
Thomas Crampton

After explaining at length in Davos how he foresaw the economic crisis, George Soros says that he made a "pretty good return" from the market turmoil.

Teaching Transformational Diplomacy and Making "Democracy" a Good Word Again

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

Ever since Bush launched a crusade to democratize parts of the world by force, sometimes with sanctions and sometimes guns, I have struggled with the question of how to get "tranformational diplomacy" right.

Inaugural Hope, but America Is in Shock

Nathan Gardels | Posted 05.25.2011 | Business
Nathan Gardels

The year 2008 is likely to go down in American history as an even more pivotal one than 2001, because the life of the average American is going to be shaped far more by the consequences.

Obama Right to Reassure Wall Street Markets With Rubinauts But Also Needs Econ Advisors Who Stand for Main Street

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

We can only hope that Obama balances the smart Rubinauts whom he has picked to lead his economic team with some equally smart pro-Main Street economic minds.

Of course Barbara Walters Thinks Rush Limbaugh Is "Fascinating"

Eric Boehlert | Posted 05.25.2011 | Media
Eric Boehlert

And that's why ABC is including the right-wing hate talker in a primetime special of the year's most fascinating people. Because naturally, in a yea...

Deficit and jobless claims jump, but stocks soar

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit...

Hedge Fund Managers Tell Congress They See Need For Tighter Restrictions

NY Times | LOUISE STORY | Posted 05.25.2011 | Business

Five prominent hedge fund managers testified Thursday before a House committee that they supported some additional regulation of their industry. The ...

Who Wasn't On Stage With Obama and Should Have Been?

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

I'm not satisfied with the roster of economic personalities and thinkers we see Barack Obama mixing with.

George Soros: Investing In Green Energy Could Save Global Economy (VIDEO)

GreenInc | Posted 05.25.2011 | Green

Last Friday, in an interview with Bill Moyers on PBS, George Soros, who has made billions of dollars based on his ability to read the ebb and flow of ...

Back from the Brink: Report from Inside the World Bank Meeting

Sarah van Gelder | Posted 05.25.2011 | Business
Sarah van Gelder

The World Bank and IMF held their annual meeting in Washington, DC, this weekend, and of course the global economic meltdown was on everyone's minds.

Alan Shrugged

Marty Kaplan | Posted 05.25.2011 | Business
Marty Kaplan

Invoking greed to explain what happened with Wall Street actually explains little. The mystery isn't why people are greedy; it's how greed gets the better of them.

My Interview with George Soros: End of Financial Crisis Could Be in Sight

Nathan Gardels | Posted 05.25.2011 | Business
Nathan Gardels

Soros: Repairing the financial system will not stop a severe worldwide recession. The U.S. consumer can no longer serve as the motor of the world economy, the U.S. government must stimulate demand.

Post Claims Paulson Misled Bush on Bailout

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

According to the Washington Post, after the initial defeat of the bailout package in the House, Paulson told Bush "there is no Plan B." Of course this was not true.

Thomas B. Edsall

Sheldon Adelson: GOP's Answer To George Soros? | Thomas B. Edsall | Posted 05.25.2011 | Politics

Sheldon Adelson, the 74-year-old casino billionaire who has become the third richest man in America and who has strong ties to the hard-line Likud Par...

Digital Music and the Free Market

Max Keiser | Posted 05.25.2011 | Business
Max Keiser

For years, Madonna pretended to be a vamp to make it big. Dupre is an actual hooker scoring big using the indie music site,, which charges based on user demand.

The Soros Solution

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I'm a big fan of bailouts. Some believe that the markets should go through the pain of what they have wrought on themselves in order to come out the other side cleaner, stronger, faster. Not me.

Hedge-Fund Managers Score Biggest Ever Payday

Posted 05.25.2011 | Business

It's a good day to be a hedge fund manager. Institutional Investor's Alpha magazine has just released it's annual ranking of top hedge funds earners...

Hedge Fund Managers See Billion-Dollar Paydays

New York Times | JENNY ANDERSON | Posted 05.25.2011 | Business

Hedge fund managers, those masters of a secretive, sometimes volatile financial universe, are making money on a scale that once seemed unimaginable, e...

Soros: Credit Crunch Is "Biggest Financial Crisis Of My Lifetime"

New York Times | Louise Story | Posted 05.25.2011 | Business

George Soros will not go quietly. At the age of 77, Mr. Soros, one the world's most successful investors and richest men, leapt out of retirement las...

Is This The Worst Crisis Ever?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

A bear market is only possible if there is a consensus that a financial crisis is significantly worse than ever before. And that is why we are currently in a bear market.

Recession Fear and Dollar Loathing in Las Vegas

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

The Fed may continue to cut interest rates, but they must be careful not to run out of ammunition. In other words, if the federal funds are lowered beyond a certain point, the ability of the Fed to stimulate the economy comes to an end.

Dish After Davos: Magic and The Mountains

Susan Sawyers | Posted 05.25.2011 | Business
Susan Sawyers

Much like Thomas Mann's main character in The Magic Mountain, written in Davos, I was an "ordinary [wo]man," amongst a sea of world leaders and power brokers. This convergence of knowledge and influence in one place made for some heady observations and encounters.