G20 move exceeds expectations, says George Soros
April 6th, 2009
On the final outcome of G20, billionaire investor George Soros, Chairman, Soros Fund Management said, “They managed to get more than I expected. They really pulled a few rabbits out of the hat and it was impressive communiqué and I think Gordon Brown, it is probably his finest hour because he really did see the need for addressing this global problem because you have the less developed world facing a potential collapse as the banks don’t rollover their loans. So something had to be done and he did manage to bring it together and I would say that this is probably the first time that the authorities are actually ahead of the curve.”