Greenspan lost credibility says Soros

Speaking at the World Economic Forum in Davos, George Soros the billionaire investor said Federal Reserve Chairman Alan Greenspan has lost credibility for driving US interest rates to a four-decade low and promoting tax cuts.

Soros said Greenspan sought to help President George W. Bush win re-election. According to Bloomberg, Soros spent $26.5 million, more than any other individual donor or political action committee, seeking to help Massachusetts Senator John Kerry defeat Bush in November's

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