Thread: Soros Warns 'Superboom' is Over

Soros and Schwarzman speak
Robert Peston
1 Apr 08, 02:30 PM

The two biggest names I interviewed for my film on the financial mess we’re in, Super Rich: The Greed Game (to be broadcast at 9pm on BBC2), were Stephen Schwarzman and George Soros.

Mr Schwarzman is the founder and chairman of Blackstone, which – with Kohlberg Kravis Roberts and Texas Pacific Group – is one of the super-elite of private equity. And Mr Soros, apart from being the trader who broke sterling in 1992, has been one of the most consistently successful hedge-fund superstars.

The take of these multi-billionaires on the causes and consequences of the current global financial crisis is oddly complementary: Soros is very gloomy; Schwarzman sees a glistening golden lining.

Mr Soros says we are witnessing the end of a 60-year “superboomâ€

Don't worry George . You did your job . The Dollar has tanked and the citizen gets NO help while scamming ceo's & officers get golden balloons from our tax-bail outs . Something is VERY wrong with this picture . Is this EVEN an American government ? They sure don't act or thing like it . It's like the Good old boys club from the USSR is in control , and we know how they ended up