Soros Backs Big Bank Breakups

28 Jan 2010

Billionaire investor George Soros said he supports a plan of breaking up banks deemed to big to fail, but warned that even after cutting them down in size, they still may be too large.

Billionaire investor George Soros said he supports a plan of breaking up banks deemed to big to fail, but warned that even after cutting them down in size, they still may be too large. Speaking at the World Economic Forum in Davos, Switzerland, Soros said the only way ...

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