Soros fails to reverse insider dealing conviction [ The DNC owner is Wall Street ]

guardian.co.uk ^ | Oct 6 2011 | Dominic Rushe New York

[NoLibZone]

George Soros, the hedge fund billionaire, has failed in his latest attempt to overturn an insider dealing conviction handed out in France 23 years ago. The European Court of Human Rights rejected his argument that French law on insider trading was not sufficiently clear to provide grounds for a conviction. Soros's lawyer, Ron Soffer, said that he would appeal the ruling. "Mr Soros has maintained that he did not commit any act of insider dealing," he said, adding that "many issues" were still unresolved and that he was confident the ruling would be over turned on appeal.

The case relates to an investment Soros made in French bank Société Générale. Georges Pébereau and a group of elderly businessmen, dubbed the "golden granddads," contacted an adviser of Soros to invite the billionaire to take part in the raid, according to court testimonies. Soros declined to take part, and the raid was unsuccessful, but the investor did buy stakes worth a total of $50m in four former state-owned companies in France, including Société Générale. French prosecutors launched an investigation in 1989 and in 2002 Soros was found guilty of insider trading and fined $2.3m, the profit he made on the alleged insider trading.

Soros, who famously made $1bn in a bet against the British pound in 1992, lost an appeal in France's highest court in 2006 and then took the case to the European Court of Human Rights.

[Lucky9teen]

He’s a traitor and an ECONOMIC TERRORIST and should be IN JAIL!!!

[EagleUSA]

What? You mean Soros could not BUY his way out of his conviction? Where is this court that upholds the law? Get some of those people over here — we need them, specifically on the Supreme Court!!

[WellyP]

Hang the bass-turd!

[Buckeye McFrog]

He has good lawyers.

At the rate at which this has been playing out he’ll be dead of natural causes long before this case is ever resolved.

[parisa]

soros is a villainous thief and soros is a democrat. Enough said.

[4woodenboats]

He's bought 23 years of freedom so far, tripping down the last furlong to hell, so we might as well grant him his one wish that proved elusive till now;

Let him spend every penny he owns preventing W from serving another term.

[Ann Archy]

He’s the most DANGEROUS man in America....Next to Obama....next to the VOTERS that VOTED for that POS! They’re ALL dangerous...two are smart and clever, the voters are easily led SHEEPLE!