Insider trading conviction of Soros is upheldIf you're not familiar with the name, George Soros is one of the largest contributors to left wing causes in the United States and spent an estimated $10 million to (unsuccessfully) oust President Bush in the last election.
The Associated Press
The highest court in France on Wednesday rejected a bid by George Soros, the billionaire investor, to overturn a conviction for insider trading in a case dating back nearly 20 years, leaving the first blemish on his five-decade investing career.
The panel, the Cour de Cassation, upheld the conviction of Soros, 75, an American citizen, for buying and selling Société Générale shares in 1988 after receiving information about a planned corporate raid on the bank. (link)
So now he's heading off to join a rapidly growing gang of Democrats who are busting big rocks into little rocks in the slammer.
Oh the tangled web we weave ...