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Message: Pray for permit before the depression - see Soros story
Soros: "Depression Possible"
Last update: 10:48 a.m. EST Nov. 13, 2008
George Soros, billionaire money manager, had his turn to join fellow hedge fund managers testifying before Congress.
Soros made a point of scaring the hell out of them.
According to Reuters, Soros said "a deep recession is now inevitable and the possibility of a depression cannot be ruled out."
He added "hedge funds will be "decimated" by the current financial crisis and forced to shrink their portfolios by 50-75 percent."
Douglas A. McIntyre 
This blog is reprinted by permission from 24/7 Wall St, © 2007 24/7 Wall St., LLC All rights reserved.
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