How Soros would fix the housing finance mess

Tuesday, August 12, 2008 at 08:21PM
Skeptic in Sub-prime Mortgage Melt-down

George Soros says here that the recent Congressional grant of authority to Treasury to bail out Fannie Mae and Freddie Mac is the worst possible solution and persuasively explains why.  He suggests it would be better to institute a system in use in Europe and which Soros implemented in Mexico. 

Article originally appeared on realitybase (http://www.realitybase.org/).