1969/$200 000 - 1980/$381M - Soros

Discussion in 'Strategy Building' started by Nobert, Dec 29, 2021.

  1. Nobert

    Nobert

    Yes, that's a fact.

    Don't know about their intention, very possible tho. People don't like their beliefs being challenged. Nobody likes being wrong.

    Might be some folk who's post i don't see as well. Better for a mental health.

    Whatever.

    Stay green on 2022 :)
     
    #11     Dec 29, 2021
  2. SunTrader

    SunTrader

    Haha trying to cover up by going on the world's number 1 rated newsmagazine show.

    Which anyone and everyone these days, (even the clueless), can now google in seconds.

    The 14 yr old 98 pound glasses wearing geek I suppose should have gone Rambo on the right wingnut Nazis.
     
    #12     Dec 29, 2021
    comagnum likes this.
  3. MKTrader

    MKTrader

    Get over yourself. In a 60 Minutes interview he was asked if he “helped in the confiscation of the property from the Jews” and he responded “yes, that’s right.” Of course he changed his story later like a the good liar he is.

    Now go get your daily dose of wokebrainwashedfaketrader.com programming, cupcake!
     
    #13     Dec 29, 2021
  4. Is that your alt-right impersonation?
     
    #14     Dec 29, 2021
    piezoe and comagnum like this.
  5. ajacobson

    ajacobson

    COMMODITY FUTURES TRADING COMMISSION PROCEEDINGS BULLETIN DATED JANUARY 31,1987, PAGE 168 DISCLOSES, GEORGE SOROS VIOLATED COMMODITY FUTURES TRADING COMMISSION ACT 4a(5). SOROS WAS ISSUED A CEASE AND DESIST ORDER AND WAS PENALIZED THE AMOUNT OF $75,000. DOCKET/CASE NO. 86-13 DATED 3/3/86

    One disclosure on his CRD and that was almost 40 years ago. Curious how the rumors start.
     
    #15     Dec 29, 2021
  6. Millionaire

    Millionaire

    #16     Dec 29, 2021
  7. ajacobson

    ajacobson

    Finra didn't recognize the ruling.

    This article is more than 10 years old
    Soros fails to reverse insider dealing conviction
    This article is more than 10 years old
    European Court of Human Rights rejects hedge fund billionaire's claim that French law was unclear
    [​IMG]
    The case relates to an investment Soros made in Société Générale after one of his advisers had been contacted about a potential takeover of the French bank. Photograph: Jorge Silva/Reuters





    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.

    In its ruling, the court agreed with Soros that the French law was not always precisely worded but argued that Soros was a sufficiently experienced investor and "could not have been unaware that his decision to invest in shares in [Société Générale] entailed the risk that he might be committing the offense of insider trading", the court said in a statement.
     
    #17     Dec 29, 2021
    Nobert and SunTrader like this.
  8. Millionaire

    Millionaire

    I admire the genuine stories of immigrant traders and businessmen like Thomas Peterffy.

    You admire a cheating criminal Nazi collaborator like Soros.
     
    Last edited: Dec 29, 2021
    #18     Dec 29, 2021
  9. NumberZ

    NumberZ

    It was France. So doesn't count. The French convict you for looking too stern at a puppy.
     
    #19     Dec 29, 2021
  10. comagnum

    comagnum

    Soros is the greatest macro trade of all times. Calling a 13 year old Jewish kid a Nazi collaborator for having to tag along with his fake god-father in order to survive makes the sickly minded accuser the real Nazi collaborator.

    For collecting property owned by Jews the Nazis set up “Jewish councils” and forced Jewish authorities — from religious leaders to trusted family patriarchs — to put Nazi policies and orders into practice.
     
    #20     Dec 29, 2021
    Snuskpelle likes this.