Hedge Funds

Soros backs Obama


Philanthropist and political activist George Soros has shifted his allegiance from Hillary

Clinton in the upcoming

presidential election, pledging his resources to Illinois Senator Barack Obama as he vies to win the Democratic nomination for president. Soros supported Obama's 2004 campaign for the Senate. The switch reportedly came as a shock to the Clinton campaign staff. Soros has said he will support Clinton if she wins the Democratic nomination.