Soros: ‘Markets have moods’

By Edward Harrison On Jul 1, 2009

George Soros believes regulators “will always be wrong.” But, he does not feel that gives them an excuse to fall asleep at the wheel. In this video conversation with the Wall Street Journal’s Alan Murray, Soros makes the case for regulatory reform, citing the need to expand beyond targeting money supply because “markets have moods.”

The clip runs just over 7 minutes.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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