Sunday, November 16, 2008

A Billionaire Promotes His Book

When five of the richest and most powerful US hedge fund proprietors gave sworn testimony before the House Committee on Oversight and Government Reform last week, the theatrical opportunities were as rich as the witnesses’ themselves, David Warsh comments. Billioniare George Soros had his latest book on reflexivity and financial crises, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means, on display on the table in front of him.

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