WSJ: Viewpoints: Soros on Obama and Ailing Banks 6/30/2009
Hungarian-born billionaire forex speculator George Soros talks to WSJ Deputy Managing Editor Alan Murray about how the Obama administration went about restabilizing the banks. He talks about the fear of "nationalization" that stopped re-capitalizing the banks. He talks about the treasury as possible an "underwriter" instead of a lender. Soros complains of being left out of the picture when so much money is being given to banks... and perhaps of burdening the taxpayer when one could use Soros money instead (this is Soros's brand of populism if I "read" the guy correctly). His Eoropean-style smooth remarks still underline the fact that the Obama administration does not even represent capitalist interests anymore, but rather the very small group of banks led and fed by the Fed.