Soros: Paulson's rescue package is ill conceived

09/25/2008 | Financial Times (free content)

George Soros, chairman of Soros Fund Management, writes that Congress should not give US Treasury Secretary Henry Paulson a blank cheque with no strings attached. Soros outlines the problems he sees with Paulson's plan to rescue financial institutions and offers his suggestions. He also supports the conditions that could be placed on the rescue plan suggested by Democratic presidential nominee Barack Obama.

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