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George Soros Shares View on Europe

Wed 25 Jan 12 | 04:41 PM ET
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George Soros Shares View on Europe

Wed 25 Jan 12 | 04:41 PM ET
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.
 
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