Quotes of the Week:Which country did Soros blame for the Euro crisis?

clock

The eurozone crisis can mostly be blamed on one country, says George Soros. But which is it? It's our quotes of the week...

"Mr. Perkins poses an extreme risk to the market when drunk." The FSA on Simon Perkins, who has been fined £72,000 for trading £520m worth of oil futures in a drunken stupor, causing his former company PVM Oil Futures a $10m loss. "I can't even get you that." Gary Cohn, president of Goldman Sachs, responds to a question from the Financial Crisis Inquiry Commission (FCIC) asking for a "ballpark" estimate of the money made by the bank from its derivatives trading. "I don't sit around just talking to experts because this is a college seminar. We talk to these folks because they poten...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: CII and PFS host annual apprenticeship awards

Feel Good Friday: CII and PFS host annual apprenticeship awards

Part of next gen development push and ‘upholding professionalism’

Professional Adviser
clock 24 October 2025 • 1 min read
FCA to deliver 'fewer and faster' enforcement outcomes this year

FCA to deliver 'fewer and faster' enforcement outcomes this year

Therese Chambers says the watchdog is prosecuting more people than ever before

Sahar Nazir
clock 23 October 2025 • 2 min read
Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 23 October 2025 • 1 min read