George Soros

Feb. 1 (Bloomberg) -- George Soros, the billionaire investor who bankrolled Democratic groups during George W. Bush s presidency, has decided not to donate to the political action committee working to re-elect President Barack Obama. Scarlet Fu r...

George Soros, Soros Fund Management chairman, explains why the European debt crisis could be worse than the 2008 crisis in the U.S. While Europe has a common central bank, he points out, it has no common Treasury. By contrast, the U.S. had the authorities in place to deal with its financial crisis in 2008, he tells CNBC's Maria Bartiromo.

George Soros told progressive donors at the Democracy Alliance that if President Barack Obama can’t draw the line after losing the midterms they need to “start looking somewhere else.” The Huffington Post’s Sam Stein discusses what Soros was suggesting.