Soros fails to quash insider trading conviction

[Synicus Maximus]

Source: Finanical Times


George Soros, the billionaire hedge fund manager, has lost a case at the European Court of Human Rights to have his criminal conviction for insider dealing quashed.

The failed appeal at announced in a 4-3 decision the Strasbourg-based court is the latest twist in a nine-year battle by the 81-year-old Mr Soros to clear his name following his conviction in France in 2002.

The French criminal case hinged on trades that the Hungary-born investor had executed 14 years earlier in the stock of Société Générale that reaped his hedge fund, the Quantum Fund, $2.9m in profits

Read more: http://www.ft.com/intl/cms/s/0/063501c2-f02e-11e0-977b-00144feab49a.html#axzz1a37CJKnk

[geckosfeet]

1. OK. They can convict these guys in France. If the french can do it, we can do it dammit!

[No Elephants]

6. We did it. We made an example of Martha Stewart. And let Madoff do whatever he wanted.

[midnight]

2. So these guys get to know inside info. and make a killing...

[madamesilverspurs]

3. Can they get the Kochs? Please?

[midnight]

5. Exactly.... I was thinking about them too when I responded above...

[russspeakeasy]

4. He will serve 30 days community service, tasting wine.

[Dreamer Tatum]

7. Yet he's still a hero to many lefties. Wow. nt