Hedge Funds

Soros pledges to defeat Bush

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Billionaire hedge fund manager George Soros, an outspoken critic of the U.S.-led war in Iraq, apparently isn't a big fan of President George W. Bush.

Earlier this month Soros put his money where his mouth is and pledged $10 million to left-leaning political action group 'America Coming Together', whose main agenda is defeating the president in next year's election.

In a statement released on the donation, the Hungarian-born billionaire blasted Bush: "The fate of the world depends on the United States, and President Bush is leading us in the wrong direction."

Meanwhile, 'America Coming Together' hopes to raise