Recent Posts
First There Was FranceOne would assume that a seasoned financier like George Soros knows what does and does not constitute insider trading. One might also assume that a self-proclaimed philanthropist and champion of “social justice” understands that devaluing the currency of developing countries - as he did across Asia in the 1990s - typically leads to major economic disaster. Apparently Soros has, on occasion, been confused on both points. Soros’ insider trading scheme in France resulted in a “financial... [Read More]
Soros Convicted of Insider Trading in FranceThe telling of this story may seem past due, but it took the French courts over fifteen years to convict George Soros on insider trading charges. The 2002 conviction, upheld by France’s highest court in 2006, was based on Soros’ 1988 purchase of stakes in four state-owned companies based on confidential, insider information. One of these companies was Société Générale, the subject of a takeover bid. Soros had been invited to participate in the takeover by a Paris financier and... [Read More]
Sorry or Stimulated?Soros Apologizes while Hungarian Markets Recover from Shock George Soros told The Australian that the world financial crisis was”stimulating” and “in a way, the culmination of my life’s work.” George Soros also told a Hungarian news agency he was “sincerely sorry” about his fund’s last-minute short sale of bank stock and added, “I no longer oversee the running of Soros Fund Management. I withdrew last year and now only direct deals on my own account.” So,... [Read More]
Hungarian Bank Regulator Fines Soros Fund Management $2.2M for Illegal Market ManipulationGeorge Soros never seems to tire of the unethical, illegal manipulation of foreign markets and currencies, even in nations in which he claims to have “close personal relations.” As reported by Bloomberg, Soros Fund Management LLC has been sanctioned by his native country of Hungary in the form of a $2.2 million fine for what that country’s bank regulator, PSzAF, called “illegal market manipulation.” While trading on the Budapest stock exchange, Soros Fund Management... [Read More]
Greed Without ConscienceThis blog is dedicated to all the foreign nationals who have suffered due to the ruthless financial pursuits of billionaire speculator George Soros. Your stories are many and varied, but the theme is the same: the destructive power of greed without conscience. We pledge to tirelessly watch Soros wherever he goes and to print the truth in the hope that he will one day stop preying upon the world’s poor - or that justice will be served. Read More →
Read More Posts From This Category
