Soros is THE insider trader

[Rambunctious]

Soros Loses Bid To Overturn Insider Trading Conviction | Fox News

And the so called 99% are afraid of the Koch Bros

 

[editec]

Was he an inside trader?

That was News to me.

The conviction is based on a 1988 investment Soros made in French bank Societe Generale. A French court found that Soros sold his shares for $2.9 million in profits after receiving insider knowledge about a plan hatched by a group of wealthy French businessman known as the “golden granddads” to force a takeover of the bank.

The takeover failed but resulted in a higher share price for Societe Generale. French prosecutors launched an investigation in 1990 that ultimately led to Soros’s conviction 12 years later and a $2.9 million fine that was reduced on appeal​

Read more: http://www.foxnews.com/politics/201...urn-insider-trading-conviction/#ixzz1gDojN1Zj​

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Well now, does he pay the fines?​

No, apparently this will continue to drag out in more court room drama.​

Do I doubt tht Soroa benefitted from insider information?​

Not one bit.​

I think that trading on insider information is as common as dust in the circles that people like Soros travel in.​