George Soros and Toxicity
So yesterday we ran a news item about George Soros’ comments on banker pay (he thinks regulators should have a say) and credit default swaps (he called them “toxic instruments”). Soros made these comments at a banking conference on southern England.
Apart from being amused at my own thought that I was surprised England even lets Soros into the country these days, I didn’t really give the item much thought. After all, few people would know more about excessive compensation than George Soros. (more…)