George Soros on Charlie Rose

Interview with George Soros talking about, among other things, the potential for a cyclical negative feedback effect in the housing market, hedge funds and leverage ratios, and the overall prospects for the US and global economy. This is a luminary in the field of finance, well known in finance circles, but relatively unknown within the broader populous.

Worth looking at his wikipedia bio if he is unknown to you: http://en.wikipedia.org/wiki/George_soros

Pete Peterson, co-founder and senior chairman of Blackstone , interview on Charlie Rose

He is very concerned about a potential downward spiral within the economy. He discusses the negative feedback loop consisting of negative savings rates, consumers having falsely drained equity out of their homes under the false presumption of continued home appreciation, reduced demand and a stagnant/recessionary economy, foreclosures, additional housing inventory.

"An hour with Pete Peterson, co-founder and senior chairman of The Blackstone Group.