Soros: Europe's debt crisis 'potentially' worse than Lehmans

The hedge fund guru said European policymakers appear unable to propose measures to help fund European banks, with shares now back at their lowest point since March 2009. In an interview with The New York Times, Soros said Eurozone leaders have no idea how they will give markets a much needed boost. He added European banks will struggle to ride out the crisis with no clear plan in place. "This crisis has the potential to be a lot worse than Lehman Brothers," said Soros. "The lack of an authoritative pan-European body to handle a banking crisis of this severity is causing a huge ...