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Soros: More Money Needed For U.S. Bailout
Topics:George Soros | Interest Rates | Inflation | Employment | Consumers | Federal Reserve | Federal Budget (U.S.) | Economy (Global) | Economy (U.S.)
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AP |
The weekly quoted the billionaire as saying that the United States needs a bigger economic program than the existing Troubled Asset Relief Program package to accommodate American cities and states with the money they need to get out of the financial turbulence, and that the country needs an infrastructure investment program.
Soros also criticized U.S. Treasury Secretary Henry Paulson for not seeing the economic crisis earlier.
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