George Soros, "Financial System Collapsed on September 15th"

By on April 12, 2009

George Soros said the real danger of collapse has passed when asked about the possibility of a depression. Soros added that banks are in a zombie state while they dig themselves out of the hole they’re in.

Soros, when asked if the market would re-test the March lows, humbly said he wasn’t very good at predicting markets.

Source:

http://finance.yahoo.com/tech-ticker/article/226586/Soros-%22Danger-of-Collapse-Has-Passed%22-But-Stock-Rally-Not-Sustainable?tickers=^DJI,^GSPC,XLF
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