Soros sees additional market declines after temporary reprieve in stock market.
May 1 - Billionaire George Soros called the current financial crisis the worst since the Great Depression and said markets will fall more this year after a brief rebound. Soros reported that they had a good bottom, referring to the rally in stocks. He stated that this would probably not prove to be the final bottom, adding the recovery might last 6 weeks to 3 months as the U.S. moves closer to recession. ____________________________________________________________________________________ Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now. http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ