George Soros says Treasury should buy equity instead of toxic assets
Wednesday, September 24, 2008 at 10:55PM
Skeptic in Sub-prime Mortgage Melt-down

George Soros, writing in Financial Times today, says $700 billion taxpayer dollars spent on preferred stock with warrants in financial institutions is more likely to solve the problem than using the same amount of taxpayer money to buy the worst of $11 trillion of mortgage backed securities. 

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