When money is free, the rational lender will keep on lending until there is no one else to lend to.
George SorosMarket prices are always wrong in the sense that they present a biased view of the future.
George SorosI passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.
George Soros